TianGuang ZhongMao Co.,Ltd. (SZSE:002509) signed a letter of intent to acquire unknown stake in Shanghai Spark Development Zone Construction and Installation Engineering Co., Ltd. from Shanghai Jilian Property Management Co., Ltd. on June 5, 2019. TianGuang ZhongMao Co.,Ltd. (SZSE:002509) cancelled the acquisition of unknown stake in Shanghai Spark Development Zone Construction and Installation Engineering Co., Ltd. from Shanghai Jilian Property Management Co., Ltd. on December 2, 2019. Due to certain required cash outlays, TianGuang ZhongMao Co.,Ltd. won’t be able to pay for it.