Beijing Qianyuan Hongsheng Enterprise Consulting Co., Ltd. agreed to acquire 40% stake in Xinjiang Demian Mining Co., Ltd. and 50% stake in Shenzhen Demian Boyuan Fund Management Co., Ltd. from Kairuide Holding Co., Ltd. (SZSE:002072) for CNY 1 on December 26, 2019. After the signing of the equity transfer agreement, the company no longer holds the equity or any shareholder rights of the target companies. At the 19th meeting of the 7th directorate of the company, the Proposal on the External Transfer of Equity in Participating Companies was reviewed and approved. Beijing Qianyuan Hongsheng Enterprise Consulting Co., Ltd. cancelled the acquisition of 40% stake in Xinjiang Demian Mining Co., Ltd. and 50% stake in Shenzhen Demian Boyuan Fund Management Co., Ltd. from Kairuide Holding Co., Ltd. (SZSE:002072) on December 26, 2020.