Du Juan signed the share transfer agreement to acquire 5% stake in Tianjin Xinmao Science & Technology Co., Ltd. (SZSE:000836) from Tianjin Xinmao Science and Technology Investment Group Co., Ltd for approximately CNY 160 million on January 4, 2016. The price per share is CNY 8. In a related deal, Tibet Jinzhang Investment Ltd. signed the share transfer agreement to acquire 11.1% stake in Tianjin Xinmao Science & Technology Co., Ltd. (SZSE:000836) from Tianjin Xinmao Science and Technology Investment Group Co., Ltd for approximately CNY 540 million on January 4, 2016. Tibet Jinzhang Investment Ltd. held its shareholders’ meeting, approved for the deal. Du Juan cancelled the acquisition of 5% stake in Tianjin Xinmao Science & Technology Co., Ltd. (SZSE:000836) from Tianjin Xinmao Science and Technology Investment Group Co., Ltd on January 4, 2017.