Shenzhen Zhengxin Tongchuang Investment & Development Co., Ltd. signed a share purchase agreement to acquire 27% stake in Shanghai Original Advanced Compounds Co., Ltd (SHSE:603991) from Shanghai Zhizheng Enterprise Group Co., Ltd. for approximately CNY 640 million on April 2, 2020. Under the terms of transaction, Shenzhen Zhengxin Tongchuang Investment will purchase 20.12445 million shares for CNY 31.86 per share.