Foshan Lanhai Ruisheng Equity Investment Partnership signed Equity Transfer Framework Intention Agreement to acquire 18.57% stake in Qingdao Eastsoft Communication Technology Co.,Ltd (SZSE:300183) from Cui Jian, Hu Yajun and Wang Rui on November 9, 2020. Under the terms, Cui Jian will transfer 5.64% stake, Hu Yajun will transfer 3.6% stake and Wang Rui will transfer 3.6% stake in 2020 and out of remaining 5.7% stake Cui Jian will transfer 2.5% stake, Hu Yajun will transfer 1.6% stake and Wang Rui will transfer 1.6% stake in 2021.