Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) signed a basic agreement to acquire Zhejiang Haier Network Technology Co., Ltd. from Haier Financial Holdings Co.,Ltd. for CNY 450 million on June 15, 2021. After the completion of the transaction, Zhejiang China Commodities City Group Co., Ltd. will pay the transfer price in 3 periods, 15%, 40% and 45%. For the year ended on December 31, 2021, Zhejiang Haier Network Technology reported Total Assets of 93.30373 million, Net Assets of 15.63618 million, revenue of CNY 8.99035 and Net Loss of 1.42054 million. As of June 25, 2022. The company has received an approval from relevant departments to change its actual controller This transaction is still subject to industrial and commercial registration, and the company will handle relevant industrial and commercial registration matters in accordance with relevant regulations and the requirements of the Approval.