Hunan TV & Broadcast Intermediary Co., Ltd. (SZSE:000917) agreed to acquire 25% stake in Hunan Xinfengyuan Investment Co., Ltd. from Hunan Ruide Real Estate Co., Ltd. for CNY 1 on September 30, 2019. For the year end December 31, 2018, Hunan Xinfengyuan Investment Co., Ltd. reported total assets of CNY 1.34 billion, net liabilities of CNy 69.8 million, revenue of CNY 0 and net loss of CNY 31.69 million. Hunan TV & Broadcast Intermediary Co., Ltd. (SZSE:000917) cancelled the acquisition of 25% stake in Hunan Xinfengyuan Investment Co., Ltd. from Hunan Ruide Real Estate Co., Ltd. on September 30, 2020.