Greentown Service Group Co. Ltd. (SEHK:2869) entered into share purchase agreement to acquire additional 4.8% in Zhong Ao Home Group Limited (SEHK:1538) from Shanghai Hengji Assets Management Center (L.P.) for HKD 74.1 million on June 23, 2020. Under the transaction, Greentown Service Group Co. Ltd. will acquire 41.20 million shares of Zhong Ao Home Group. In related transaction, Greentown Service Group Co. Ltd. entered into share purchase agreement to acquire additional 9.53% stake in Zhong Ao Home Group Limited. Upon completion, Greentown Service Group Co. Ltd. will own approximately 18.67% of the total issued share capital of Zhong Ao Home Group Limited.

Greentown Service Group Co. Ltd. (SEHK:2869) completed the acquisition of additional 4.8% in Zhong Ao Home Group Limited (SEHK:1538) from Shanghai Hengji Assets Management Center (L.P.) on July 17, 2020. All conditions have been fulfilled under the transaction.