Shanghai Jucheng Supply Chain Management (Group) Co., Ltd. agreed to acquire 20.44% stake in Dalian Morningstar Network Technology Co., Ltd. (SZSE:002447) from Liu Deqiun and Liu Xiaoqing for approximately CNY 650 million on January 10, 2019. Liu Deqiun and Liu Xiaoqing will transfer Dalian Morningstar Network Technology Co., Ltd.'s 192.1 million shares and 99.6 million shares respectively to Shanghai Jucheng Supply Chain Management (Group) Co., Ltd. Shanghai Jucheng Supply Chain Management (Group) Co., Ltd. will undertake Liu Deqiun and Liu Xiaoqing’s debts owed to Industrial Securities Co., Ltd. and Xue Chengbiao as the share transfer price, wherein Liu Deqiun and Liu Xiaoqing owe CNY 299.99 million and CNY 350 million to Industrial Securities Co., Ltd. and Xue Chengbiao. Shanghai Jucheng Supply Chain Management (Group) Co., Ltd. cancelled the acquisition of 20.44% stake in Dalian Morningstar Network Technology Co., Ltd. (SZSE:002447) from Liu Deqiun and Liu Xiaoqing on January 10, 2020.