Tencent Technology (Shanghai) Company Limited signed a share transfer agreement to acquire 5.04% stake in DHC Software Co.,Ltd (SZSE:002065) from Jianshui Tongxin Fendou Enterprise Management Center (Limited Partnership), Xue Xiangdong and Guo Yumei for CNY 1.4 billion on January 9, 2020. Tencent Technology will acquire 157.09 million shares as a part of the transaction. Xue Xiangdong will hold 12.35% stake in DHC Software post completion of transaction. This share transfer is still subject to review application with Shenzhen Stock Exchange and is subject to handling of share transfer registration procedures with the China Securities Depository and Clearing Co., Ltd. Shenzhen branch.