Zhuhai Da Heng Qin Investment Co., Ltd. signed a share transfer agreement to acquire 9.9% stake in Shenzhen Worldunion Group Incorporated (SZSE:002285) for approximately CNY 570 million on July 1, 2020. As part of the transaction, Zhuhai Da Heng Qin Investment Co., Ltd. will acquire 201,812,441 shares with a transfer price of CNY 2.8. In the related transaction, Zhuhai Da Heng Qin Investment Co., Ltd. signed share transfer agreement to acquire 6% stake in Shenzhen Worldunion Group Incorporated. Zhuhai Da Heng Qin Investment Co., Ltd. completed the acquisition of the 9.9% stake in Shenzhen Worldunion Group Incorporated (SZSE:002285) on August 17, 2020. The company received the Securities Transfer Registration Confirmation issued by China Securities Depository and Clearing Co., Ltd.