Huizhou Bailihong Venture Capital Co., Ltd. signed an share transfer intent agreement to acquire Huizhou Changfang Lighting Energy Saving Technology Co., Ltd. from Shenzhen Changfang Group Co., Ltd. (SZSE:300301) on September 19, 2020. As on December 28, 2020, Huizhou Wandong Zhigu Development Co., Ltd. holding shareholder that the counter party will be changed to Huizhou Bailihong Venture Capital Co., Ltd.