Hesheng Wealth Select No. 7 Private Securities Investment Fund, managed by Hesheng Wealth (Beijing) Fund Management Co., Ltd. signed Share Transfer Agreement to acquire 5% stake in Vantone Neo Development Group Co., Ltd. (SHSE:600246) from Glp Capital Investment 4 (Hk) Limited for CNY 700 million on April 12, 2024. The consideration will be paid at a price of CNY 7.04 per share for 99.4 shares of Vantone Neo Development Group.