Hao Qian signed a share transfer agreement to acquire 5% of Guangdong JANUS Intelligent Group Corporation Limited from Jinhui International Enterprise Limited for approximately CNY 270 million.

Hao Qian signed a share transfer agreement to acquire 5% stake of Guangdong JANUS Intelligent Group Corporation Limited (SZSE:300083) from Jinhui International Enterprise Limited for approximately CNY 270 million on February 15, 2020. Under the transaction, Jinhui International will sell 71.58 million shares at a price of CNY 3.72 per share. As a result of the transaction, Hao Qian will own 5% stake in the Guangdong JANU. Within 12 months after the signing of the agreement, the Hao Qian must complete the payment.