GOME Retail Holdings Limited (SEHK:493) entered into an agreement to acquire 19.5% stake in Anxun Logistics Co., Ltd. from Rocket Gain Investments Limited for approximately CNY 580 million on August 16, 2019. The consideration will be satisfied by GOME Retail Holdings Limited through internal resources and will be payable by the Group within 90 business days of Completion. Beijing Lixin Donghua Assets Appraisal Co., Ltd. and Beijing Zhongqin Yongli Asset-Assessment Ltd. acted as valuer in the transaction. GOME Retail Holdings Limited (SEHK:493) cancelled the acquisition of 19.5% stake in Anxun Logistics Co., Ltd. from Rocket Gain Investments Limited on August 16, 2020.