Tempus Group Co., Ltd. agreed to acquire Micro Lending Unit from Tempus Global Business Service Group Holding Ltd. (SZSE:300178) for CNY 910 million on November 8, 2019. The consideration will be paid in cash. Within 5 working days after the agreement takes effect, Tempus Group shall pay CNY 85 million to Tempus Global Business Service Group Holding Ltd.; Before December 31, 2019, Tempus Group shall pay CNY 379.1 million to Tempus Global Business Service Group Holding Ltd.; Within 12 months after the agreement takes effect, Tempus Group shall pay CNY 445.9 million to Tempus Global Business Service Group Holding Ltd. For the year ending December 31, 2018, Micro Lending Unit of Tempus Global Business Service Group Holding Ltd. reported total assets of CNY 2.92 billion, net assets of CNY 1.08 billion, revenue of CNY 448.68 million, operating profit of CNY 158.88 million and net profit of CNY 120.9 million. The proposal has been approved on November 8, 2019 at the Twenty-third (provisional) meeting of the fourth directorate of Tempus Global Business Service Group Holding Ltd.; Micro Lending has gotten approval from Shenzhen Local Financial Supervision Administration.