Bailian (Group) Co., Ltd. entered into a share transfer agreement to acquire an additional 1.8% stake in Lianhua Supermarket Holdings Co., Ltd. (SEHK:980) from Shanghai Yiguo E-Commerce Co., Ltd. on June 22, 2018. Under the terms, Bailian (Group) Co., Ltd. will acquire 13.1 million domestic shares of Lianhua Supermarket Holdings Co., Ltd. Bailian (Group) Co., Ltd. completed the acquisition of additional 1.8% stake in Lianhua Supermarket Holdings Co., Ltd. (SEHK:980) from Shanghai Yiguo E-Commerce Co., Ltd. on July 3, 2018. Bailian (Group) Co., Ltd. now holds 289.7 million shares of Lianhua Supermarket Holdings Co., Ltd.