Masterwork Group Co., Ltd. (SZSE:300195) acquired unknown minority stake in Tianjin Guiguan Packaging Material Co.,Ltd. on December 12, 2018. Board of Directors of Masterwork Group Co., Ltd. approved the transaction. Masterwork Group Co., Ltd. (SZSE:300195) completed the acquisition of unknown minority stake in Tianjin Guiguan Packaging Material Co.,Ltd. on January 28, 2019.