Myhome Real Estate Development Group Co., Ltd. (SZSE : 000667) signed equity transfer agreement to acquire remaining 51% stake in Myhome Building Assembly Technology Co., Ltd. from Celebrities Investment Group Co., Ltd. and Wuhan Meichun Enterprise Management Consulting Partnership (Limited Partnership) for CNY 0 on December 13, 2022. Prior to closing Myhome Real Estate Development, Celebrities Investment and Wuhan Meichun own 49%, 45% and 6% stake in Myhome Building Assembly Technology and following this transaction, Myhome Real Estate Development will hold 100% stake in it, making it a wholly owned subsidiary. The Myhome Building Assembly Technology had total assets of CNY 4925.84 million and net assets of CNY -2838.82 million as of June 30, 2022. The transaction has been unanimously approved by the Board of Myhome Real Estate Development and still need their shareholders? approval.

Myhome Real Estate Development Group Co., Ltd. acquired remaining 51% stake in Myhome Building Assembly Technology Co., Ltd. from Celebrities Investment Group Co., Ltd. and Wuhan Meichun Enterprise Management Consulting Partnership (Limited Partnership) on December 15, 2023, which is an estimated completion date.