Zhuhai Zhengfang Group Co., Ltd. agreed to acquire 7.04% in Shenzhen Jianyi Decoration Group Co., Ltd. (SZSE:002789) for Liu Haiyun for CNY 166.02 million on January 5, 2022. Consideration will payable within 2 working days after the completion of delivery and transfer of the underlying shares. Liu Haiyun will hold 21.16% stake in Shenzhen Jianyi Decoration Group Co., Ltd. Zhuhai Zhengfang Group Co., Ltd Board of Directors approved on December 28, 2021.

Zhuhai Zhengfang Group Co., Ltd. completed the acquisition of a 7.04% stake in Shenzhen Jianyi Decoration Group Co., Ltd. (SZSE:002789) on January 13, 2022.