An unknown buyer entered into an agreement to acquire 4% stake in HengTen Networks Group Limited (SEHK:136) from China Evergrande Group (SEHK:3333) for HKD 1.2 billion on July 30, 2021. The shares of HengTen will be acquired at a price of HKD 3.2 per share. In a related transaction, Water Lily Investments Limited entered into an agreement to acquire a 7% stake in HengTen from Evergrande. As a result of transactions, the unknown buyer shall hold 4% of HengTen and the Evergrande will hold approximately 26.55% stake in HengTen. At the same time, to support the business development of HengTen, Evergrande has agreed to provide a 5-year unsecured and interest-free shareholder's loan of HKD 2.07 billion to HengTen. HengTen's shares are expected to resume trading on August 2, 2021 after being halted on July 29, 2021.

An unknown buyer completed the acquisition of 4% stake in HengTen Networks Group Limited (SEHK:136) from China Evergrande Group (SEHK:3333) on December 8, 2021. China Evergrande Group long position in HengTen Networks Group Limited reduces to 0% on December 2, 2021 from 18% after completion of transaction.