Fang Mingxian agreed to acquire a 13% stake in Zhongxing Shenyang Commercial Building Group Co.,Ltd (SZSE:000715) from Liaoning Fangda Group Industrial Co., Ltd. for approximately CNY 290 million on May 18, 2022.

Fang Mingxian completed the acquisition of a 23% stake in Zhongxing Shenyang Commercial Building Group Co.,Ltd (SZSE:000715) from Liaoning Fangda Group Industrial Co., Ltd. on June 23, 2022.