Changjiang & Jinggong Steel Building (Group) Co., Ltd (SHSE:600496) agreed to acquire 0.007% stake in Bank of Ruifeng from 8 unknown individuals for CNY 0.59 million on December 15, 2016. Under the transaction, consideration will be paid by using self owned funds and Changjiang & Jinggong Steel Building (Group) Co., Ltd will acquire 0.103 million shares ay a CNY of 5.717 per share. After the transaction Changjiang & Jinggong Steel Building (Group) Co., Ltd will hold 56.51 million shares. During the year ended December 2015, Ruifeng Bank reported audited total assets of CNY 86.26 billion and audited net profit of CNY 879.68 million. Transaction does not need approval from the shareholders' meeting of the Changjiang & Jinggong Steel Building (Group) Co., Ltd. Transaction received approval from Board of Changjiang & Jinggong on December 15, 2016.

Changjiang & Jinggong Steel Building (Group) Co., Ltd (SHSE:600496) cancelled the acquisition of 0.007% stake in Bank of Ruifeng from 8 unknown individuals on December 15, 2017.