Item 1.01 Entry into a Material Definitive Agreement.
On August 19, 2021, CXJ Technology (Hangzhou) Co., Ltd, a Chinese corporation
("the Company") and a subsidiary of CXJ Group Co., Limited and Shenzhen Baiwen
Enterprise Management Consulting Co., Ltd ("Baiwen") entered into an Equity
Transfer Agreement ("Agreement"). Pursuant to the Agreement, the Company will
purchase 51% equity interests of Shenzhen Lanbei Ecological Technology Co., Ltd,
a Chinese company ("Lanbei") with a purchase price of RMB 1. After this
agreement comes into effect, Lanbei will become a subsidiary of CXJ Group Co.,
Limited and shall share profits and risks and losses in proportion to the
equity,and Cai Lixin will become the legal representative of Lanbei.
The foregoing description of the Agreement does not purport to be completed, is
solely intended as a summary of the material terms of the Agreement and
qualified in its entirety by reference to the full text of the Agreement, a copy
of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K
and is incorporated by reference herein.
Item 2.01 Completion of Acquisition or Disposition of Assets.
On October 19, 2021,the Company pays the purchase price in accordance with the
Agreement and completes the equity transition, the Company acquired 51% of the
equity interests of Shenzhen Lanbei Ecological Technology Co., Ltd.
The foregoing description of the Agreement does not purport to be completed and
is qualified in its entirety by reference to the full text of the Agreement.
Item 9.01 Exhibits.
(a) Exhibits© Edgar Online, source Glimpses
CXJ GROUP CO., LIMITED 
