Shanghai Jiupin Enterprise Management Center (Limited Partnership) entered into an agreement to acquire additional 24.98% stake in Shanghai Zhuoyun Enterprise Development Partnership (Limited Partnership) from Hanjia Design Group Co., Ltd. (SZSE:300746) for CNY 300 million on January 9, 2020. Hanjia Design will hold 24.98% stake post the completion of the transaction. The transaction does not require approval of the shareholders of Hanjia Design Group. The transaction has been approved by the Board of Hanjia Design Group. Shanghai Jiupin Enterprise Management Center (Limited Partnership) cancelled the acquisition of additional 24.98% stake in Shanghai Zhuoyun Enterprise Development Partnership (Limited Partnership) from Hanjia Design Group Co., Ltd. (SZSE:300746) on January 9, 2021.