On July 18, 2020, Suzhou Kelida Building& Decoration Co.,Ltd. (SHSE:603828) cancelled the transaction. The company has also terminated the share subscription agreements with the investors. The cancellation of the transaction has been approved in the third meeting of the fourth board of directors and second meeting of the fourth board of supervisors of the company. The company has applied to the China Securities Regulatory Commission to withdraw the application documents for this transaction.