Fang Pengxiang agreed to acquire a 10% stake in Zhongxing Shenyang Commercial Building Group Co.,Ltd (SZSE:000715) from Liaoning Fangda Group Industrial Co., Ltd. for approximately CNY 220 million on May 18, 2022. The price agreement is CNY 5.30 yuan per share.

Fang Pengxiang completed the acquisition of a 10% stake in Zhongxing Shenyang Commercial Building Group Co.,Ltd (SZSE:000715) from Liaoning Fangda Group Industrial Co., Ltd. on June 23, 2022.