Shanghai Guoqian Investment Management Co., Ltd signed an equity transfer agreement to acquire 10.54% stake in Dalian Tianbao Green Foods Co., Ltd. (SZSE:002220) from Dalian Chengyun Investment Co., Ltd. for approximately CNY 480 million on May 9, 2018. Shanghai Guoqian will acquire 57.7 million shares for CNY 8.33 per share. The present transfer agreement is subject to the Shenzhen Stock Exchange's confirmation of compliance. Shanghai Guoqian Investment Management Co., Ltd cancelled the acquisition of 10.54% stake in Dalian Tianbao Green Foods Co., Ltd. (SZSE:002220) from Dalian Chengyun Investment Co., Ltd. on May 9, 2019.