CITIC Securities Company Limited (SHSE:600030) agreed to acquire 3.99% stake in China Calxon Group Co., Ltd. (SZSE:000918) from Guangzhou Kailong Real Estate Company Limited for approximately CNY 200 million on September 24, 2021. CITIC Securities Company Limited will acquire 72 million shares. The proceeds shall be used to offset share pledging debts. Transaction should be completed within 7 working days from the date of signing of this agreement.

CITIC Securities Company Limited (SHSE:600030) completed the acquisition of 3.99% stake in China Calxon Group Co., Ltd. (SZSE:000918) from Guangzhou Kailong Real Estate Company Limited on October 14, 2021. Post completion, CITIC Securities Company Limited will hold 72 million shares representing 3.99% stake and Guangzhou Kailong Real Estate Company Limited will hold 412.839243 million shares representing 22.88% stake.