Sichuan Golden Summit (group) Joint-Stock Co., Ltd. (SHSE:600678) reached an agreement to acquire 51% stake in Sichuan Chengjing Shengtian Construction Engineering Co., Ltd. from Ding Yuhai and Zhang Baowen for CNY 1 on December 27, 2021. As per the transaction, Ding Yuhai will sell 11% stake for CNY 0.22, and Zhang Baowen will sell 40% stake for CNY 0.78. After the transaction, Sichuan Golden Summit (group) Joint-Stock Co., Ltd. will hold 51% stake, Ding Yuhai will hold 40% stake and Zhang Baowen will hold 9% stake in Sichuan Chengjing Shengtian Construction Engineering Co., Ltd. As on September 30, 2021, Sichuan Chengjing Shengtian Construction Engineering Co., Ltd. generated total assets of CNY 0.04 million and net liabilities of CNY 0.01 million.