China Trends Holdings Limited (SEHK:8171) entered into a framework agreement to acquire E-commerce/convenience store business of Shen Zhen HengKangda International Food Corp., Ltd. on July 19, 2019. The consideration will be paid in China Trends' shares. After the completion of the acquisition transaction, the company promises to inject the Target Business into China Trends' subsidiary for operation, while Shen Zhen HengKangda promises to maintain the existing business, business qualification and revenue for at least 3 years after the completion of the acquisition transaction. The existing team of the Target Business being transferred to China Trends' subsidiary for at least 3 years after signing a formal acquisition agreement. The parties agree to carry out works respectively and try their best to sign a formal acquisition agreement within 6 months after signing this Framework Agreement, subject to the formal acquisition agreement be approved by shareholders’ general meeting of China Trends and/or by HKEX. China Trends Holdings Limited (SEHK:8171) cancelled the acquisition of E-commerce/convenience store business of Shen Zhen HengKangda International Food Corp., Ltd. on April 7, 2020. The transaction was suspended after the shares of China Trends was suspended in trading.