Dongguan Trust Co., Ltd. signed an agreement to acquire 4.1% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) for CNY 200 million on April 12, 2019. Under the terms, 60 million shares of Dongguan Securities Co., Ltd. will be acquired. In related transactions, Dongguan Trust Co., Ltd. signed four more contracts to acquire 16.4% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. for CNY 800 million. Dongguan Trust Co., Ltd. cancelled the acquisition of 4.1% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) on April 12, 2020.