Coastal Greenland Limited (SEHK:1124) entered into an agreement to acquire Shenyang Zhongguang North Film and Television City Company Limited and Shanghai Coastal Commercial Investment Management Company Limited from Affluent Ocean International Limited for CNY 710 million on December 2, 2022. The transaction needs to be approved by the shareholders of Coastal Greenland Limited (SEHK:1124) and Yuzhou Group Holdings Company. The shareholders of Yuzhou Group Holdings Company approved the transaction.