Zibo Jiangtu Hengsong Holdings Co., Ltd entered into a share transfer agreement to acquire a 29.436% stake in OMH SCIENCE Group Co., Ltd (SZSE:300486) from Hesheng Huifeng Intelligent No. 1 Structured Equity Investment Private Equity Fund, managed by Zhonghesheng Capital Management Limited, Yao Buwen and Liang Yansheng for CNY 1.5 billion on August 10, 2021. As a part of the transaction, Yao Buwen will sell 77.24 million shares representing 19% stake for CNY 950 million, Zhonghesheng Capital Management will sell 34.29 million shares representing 8.44% stake for CNY 421.8 million and Liang Yansheng will sell 8.13 million shares representing 2% stake for CNY 100 million. The transaction needs to be approved by the State-owned Assets Supervision and Administration Department, and has passed the Concentration Review of Operators of the Anti-Monopoly Bureau of the State Administration for Market Regulation, and the Shenzhen Stock Exchange has confirmed compliance before it can be registered in China Securities. On September 17, 2021, State Administration for Market Regulation and Zibo Financial Bureau approved the transaction.