Li Yuqin agreed to acquire an additional 47.1% stake in Guangzhou Yunjing Information Technology Co., Ltd. from Hebei Sailhero Environmental Protection High-tech Co.,Ltd (SZSE:300137) for CNY 15 million on May 22, 2019. Li Yuqin currently hold 27.5% stake in Guangzhou Yunjing Information Technology Co., Ltd. For the period ended December 31, 2018, Guangzhou Yunjing Information Technology Co., Ltd. has reported total assets of CNY 43.04 million, net assets of CNY 25.38 million, revenue of CNY 46.46 million and net profit of CNY 6.77 million. The Board of Directors of Hebei Sailhero Environmental Protection High-tech Co.,Ltd has approved the transaction. Li Yuqin cancelled the acquisition of an additional 47.1% stake in Guangzhou Yunjing Information Technology Co., Ltd. from Hebei Sailhero Environmental Protection High-tech Co.,Ltd (SZSE:300137) on May 22, 2020.