Jiuzhou Guotai Holdings Co., Ltd. signed a share transfer agreement to acquire 20% stake in Meisheng Cultural & Creative Corp., Ltd. (SZSE:002699) from Meisheng Holding Group Co., Ltd., Xinchang County Hongsheng Investment Co., Ltd. and Zhao Xiaoqiang for approximately CNY 770 million on August 16, 2021. Under the terms of the transaction, Jiuzhou Guotai Holdings Co., Ltd. will acquire 181.9 million shares for CNY 4.25 per share.