Hunan Xiangjiang New Area Development Group Company Limited signed Share Transfer Agreement to acquire 8.3% stake in Misho Ecology & Landscape Co.,Ltd. (SZSE:300495) from Wang Yingyan and Xu Jing for approximately CNY 410 million on February 9, 2021. Under the terms of agreement, Hunan Xiangjiang will acquire 55.6 million shares of Misho at price of CNY 7.41 per share. Wang Yingyan and Xu Jing will transfer 50.3 million and 5.3 million shares representing 7.46% stake and 0.8% stake respectively in Misho Ecology & Landscape. Post completion, Hunan Xiangjiang New Area Development Group, Wang Yingyan and Xu Jing will hold 8.25%, 22.4% and 2.4% stake in Misho Ecology & Landscape respectively. The transaction was approved by the Changsha Municipal SASAC and the competent authority of Xiangjiang Group.

Hunan Xiangjiang New Area Development Group Company Limited cancelled the acquisition of 8.3% stake in Misho Ecology & Landscape Co.,Ltd. (SZSE:300495) from Wang Yingyan and Xu Jing on March 27, 2023.