Zhuhai Dahengqin Housing Investment Co., Ltd. signed a letter of intent to acquire 24.6% stake in Guangdong Shirongzhaoye Co., Ltd. (SZSE:002016) from Liang Jiarong for CNY 1 billion on July 3, 2024. A cash consideration of CNY 1.01 billion will be paid by Zhuhai Dahengqin Housing Investment Co., Ltd. As part of consideration, CNY 1.01 billion is paid towards common equity of Guangdong Shirongzhaoye Co., Ltd.