Sun Jiawei agreed to acquire 2% stake in Beijing Hezong Science & Technology Co., Ltd. (SZSE:300477) from Liu Zegang for approximately CNY 100 million on December 7, 2020. Liu Zegang proposed to transfer 16.7 million unrestricted shares of Beijing Hezong Science & Technology Co., Ltd. to Sun Jiawei through agreement transfer at a transfer price of CNY 6.15 per share, to repay his Part of the pledge of debt in Huatai Securities Co., Ltd. (SHSE: 601688 ), reduce the risk of stock pledge, and use this to optimize the holding structure and financial status of the controlling shareholder. Post completion, Liu Zegang holds 17.51% stake and Sun Jiawei holds 2% stake in Beijing Hezong Science & Technology Co., Ltd. Sun Jiawei completed the acquisition of 2% stake in Beijing Hezong Science & Technology Co., Ltd. (SZSE:300477) from Liu Zegang on December 23, 2020.