Beijing Jiangnan Yuefu Consulting Management Co., Ltd. signed an agreement to acquire 46.36% stake in Beijing Huafutiandi Shopping Center Co., Ltd. from Beijing Hualian Department Store Co., Ltd (SZSE:000882) for CNY 2.04 million on recently. Beijing Huafutiandi Shopping Center reported total assets as CNY 96.3 million and total owner's equity as CNY -23.5 million on September 30, 2021. Net profit as CNY 7.5 million on December 31, 2020. The implementation of this transaction does not require the approval of the company’s shareholders meeting. The transaction has been reviewed and approved at the 14th meeting of the 8th board of directors of the company.