JIC Trust Co., Ltd. signed a contract to acquire Hefei Xinchuan Real Estate Investment Co., Ltd., Hefei Xinzhe Real Estate Investment Co., Ltd., Hefei Xincai Real Estate Investment Co., Ltd., Hefei Xinting Real Estate Investment Co., Ltd., Hefei Xinbo Real Estate Investment Co., Ltd., Hefei Xinfu Real Estate Investment Co., Ltd., Hefei Xinchu Real Estate Investment Co., Ltd. and Hefei Xinjin Real Estate Investment Co., Ltd. from Anhui Xinhua Media Co., Ltd. (SHSE:601801) for CNY 230 million on January 2, 2018. On November 22, 2017, Anhui Xinhua Media Co., Ltd. transferred 100% stake in Hefei Xinchuan Real Estate Investment Co., Ltd., Hefei Xinzhe Real Estate Investment Co., Ltd., Hefei Xincai Real Estate Investment Co., Ltd., Hefei Xinting Real Estate Investment Co., Ltd., Hefei Xinbo Real Estate Investment Co., Ltd., Hefei Xinfu Real Estate Investment Co., Ltd., Hefei Xinchu Real Estate Investment Co., Ltd. and Hefei Xinjin Real Estate Investment Co., Ltd to Anhui Assets and Equity Exchange through an auction. On March 31, 2018, JIC Trust Co., Ltd already completed the acquisition of Hefei Xinchuan Real Estate Investment Co., Ltd, Hefei Xincai Real Estate Investment Co., Ltd, Hefei Xinting Real Estate Investment Co., Ltd, Hefei Xinfu Real Estate Investment Co., Ltd, Hefei Xinchu Real Estate Investment Co., Ltd and Hefei Xinjin Real Estate Investment Co., Ltd and received the consideration of CNY 184 million. JIC Trust Co., Ltd. cancelled the acquisition of Hefei Xinchuan Real Estate Investment Co., Ltd., Hefei Xinzhe Real Estate Investment Co., Ltd., Hefei Xincai Real Estate Investment Co., Ltd., Hefei Xinting Real Estate Investment Co., Ltd., Hefei Xinbo Real Estate Investment Co., Ltd., Hefei Xinfu Real Estate Investment Co., Ltd., Hefei Xinchu Real Estate Investment Co., Ltd. and Hefei Xinjin Real Estate Investment Co., Ltd. from Anhui Xinhua Media Co., Ltd. (SHSE:601801) on January 2, 2019.