Beijing Lvke Bochuang Technology Co., Ltd. signed equity transfer agreement to acquire 7.67% stake in Jilin Chengcheng Group Co.,Ltd (SHSE:600247) from Beijing Saibole Lvke Investment Management Co., Ltd. for approximately CNY 190 million on October 31, 2017. Beijing Lvke Bochuang Technology Co., Ltd. will acquire 25.8 million shares of Jilin Chengcheng Group Co.,Ltd at a price of CNY 7.5 per share. After the transaction, Beijing Lvke Bochuang Technology Co., Ltd. will hold 7.67% stake in Jilin Chengcheng Group Co.,Ltd. Beijing Lvke Bochuang Technology Co., Ltd. cancelled the acquisition of 7.67% stake in Jilin Chengcheng Group Co.,Ltd (SHSE:600247) from Beijing Saibole Lvke Investment Management Co., Ltd. on October 31, 2018.