Hunan Xiangjiang Zhongying Industry Transformation and Upgrade Investment Fund Enterprise entered into a transfer agreement to acquire 9.67% stake in Misho Ecology & Landscape Co.,Ltd. (SZSE:300495) from Wang Yingyan and Pan Naiyun for approximately CNY 880 million on July 28, 2019. Transfer price to be paid to Wang Yingyan is CNY 845.36 million and transfer price to be paid to Pan Naiyun is CNY 35.65 million. Hunan Xiangjiang Zhongying Industry Transformation and Upgrade Investment Fund Enterprise will acquire 9.28% stake from Wang Yingyan and 0.39% stake from Pan Naiyun. It will acquire 65.26 million shares in total at a price of CNY 13.5 per share. Wang Yingyan currently holds 250.47 million shares representing 37.14% stake and post completion will hold 27.86% stake in Misho Ecology & Landscape Co.,Ltd. Pan Naiyun currently holds 10.56 million shares representing 1.56% stake and post completion will hold 1.17% stake in Misho Ecology & Landscape Co.,Ltd.