Cai Jianglong agreed to acquire 15% stake in Contemporary Village (Xiamen) Investment Management Co., Ltd from Xiamen Overseas Chinese Electronic Co.,Ltd. (SHSE:600870) for CNY 4 million on December 14, 2020. As of November 30, 2020, Contemporary Village (Xiamen) Investment Management Co., Ltd. reported total assets of CNY 3.83 million and net assets of CNY 2.32 million. For the year ended December 31, 2019, Contemporary Village (Xiamen) Investment Management Co., Ltd reported total assets of CNY 5.46 million, net assets of CNY 4.51 million, net profit of CNY 2.68 million and Revenues of CNY 2.92 million. On December 17, 2020, Xiamen Overseas Chinese Electronic Co.,Ltd. received CNY 3 million from Cai Jianglon.