Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) signed an agreement to acquire 35.01% stake in EVERFINE Corporation (SZSE:300306) from a group of shareholders for CNY 70.3 million on June 5, 2017. As per terms, 8.1 million shares will be acquired. Chinalin Securities Co., Ltd. acted as financial advisor and AllBright Law Offices acted as legal advisor for Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership). Zhejiang L&H Law Firm acted as legal advisor for EVERFINE Corporation. Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) cancelled the acquisition of 35.01% stake in EVERFINE Corporation (SZSE:300306) from a group of shareholders on June 5, 2018.