Ningbo Jiangbei Huayan Zhihui Industrial Investment Partnership (Limited Partnership) intend to acquire Shenzhen Worldunion Jifang Asset Management Co., Ltd. from Shenzhen Worldunion Group Incorporated (SZSE:002285) for approximately CNY 530 million on December 31, 2020. The consideration will be paid in tranches. Shenzhen Worldunion Jifang Asset Management Co., Ltd. reported total assets of CNY 1.02 billion and net liability of CNY 1.03 billion as of September 30, 2020.