Ningbo Meishan bonded Port area Micro Dream Mutual Entertainment Investment Partnership Enterprise agreed to acquire a 10% stake in Whole Easy Internet Technology Co., Ltd. (SZSE:002464) from Ningbo Ransheng Shengrui Investment Management Partnership Enterprise (Limited Partnership) managed by Ransheng (Ningbo) Equity Investment Fund Management Co., Ltd. for approximately CNY 840 million on February 22, 2018. The agreement was signed on February 24, 2018. Under the terms, Ningbo Meishan bonded Port area Micro Dream Mutual Entertainment Investment Partnership Enterprise will acquire 23.29 million shares at CNY 36 per share. As consideration, CNY 150 million shall be paid after signing the agreement and before February 28, 2018, CNY 200 million shall be paid before March 31, 2018, and residual payment of CNY 488.6 million at the time of submitting confirmation agreement or approval of this share transfer within five working days on Shenzhen Stock Exchange prior to submitting transfer request to China Securities Registration settlement Co. Ltd. Post completion of the transaction, Ningbo Meishan bonded Port area Micro Dream Mutual Entertainment Investment Partnership Enterprise will, along with parties in concert, become the controlling shareholder of Whole Easy Internet Technology Co., Ltd. Post completion, Ningbo Ransheng Shengrui Investment Management Partnership Enterprise (Limited Partnership) will hold 14.04% stake in Whole Easy Internet Technology Co., Ltd and Ningbo Meishan bonded Port area Micro Dream Mutual Entertainment Investment Partnership Enterprise will hold 10% stake in Whole Easy Internet Technology. The transaction needs approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission. Ningbo Meishan bonded Port area Micro Dream Mutual Entertainment Investment Partnership Enterprise cancelled the acquisition of 10% stake in Whole Easy Internet Technology Co., Ltd. (SZSE:002464) from Ningbo Ransheng Shengrui Investment Management Partnership Enterprise (Limited Partnership) managed by Ransheng (Ningbo) Equity Investment Fund Management Co., Ltd. on February 22, 2019.