Guizhou Colorful Guizhou Cultural and Creative Industry Expo Co., Ltd signed a share transfer contract to acquire 4.14% stake in Guizhou BC&TV Information Network CO.,LTD (SHSE:600996) from Guizhou Radio Film&TV Media Group Co.,Ltd for CNY 500 million on August 15, 2023. As per the transaction, Guizhou Colorful Guizhou Cultural and Creative Industry Expo Co., Ltd will acquire 50 million shares of Guizhou BC&TV Information Network CO.,LTD at CNY 9.99 per share. The transaction is subject to approval by Shanghai Stock Exchange.