Country Garden Property Services HK Holdings Company Limited entered into an agreement to acquire 3.07% stake in Sichuan Languang Justbon Services Group Co., Ltd. (SEHK:2606) for approximately HKD 280 million on March 22, 2021. Under the terms 5.4 million shares will be acquired at a price of CNY 42.8546 per share. The transaction will be funded from internal sources. In a related transactions, Country Garden Property Services HK Holdings Company Limited signed an agreement to acquire 65.03% stake in Sichuan Languang Justbon Services Group Co., Ltd. (SEHK:2606) from Sichuan Languang Hejun Industries Co., Ltd. for CNY 4.8 billion on March 22, 2021. Country Garden Property Services HK Holdings Company Limited signed an agreement to acquire 3.08% stake in Sichuan Languang Justbon Services Group Co., Ltd. (SEHK:2606) from Ningbo Jiaqian Corporate Management Partnership (Limited Partner) for approximately CNY 240 million on March 22, 2021. The transaction is subject to completion of related transaction, shareholders approval and internal authorizations. J.P. Morgan Securities (Asia Pacific) Limited acted as financial advisor to Country Garden Property Services HK Holdings Company Limited in the transaction.