Shanshan Commercial Group Co., Ltd. acquired 80% stake in Xinjiang Shanshan Winka Outlets Shopping Plaza Co., Ltd from Xinjiang Winka Times Department Store Co.,Ltd. (SHSE:603101) for CNY 0.2 million on January 11, 2019. Xinjiang Winka Times Department Store Co.,Ltd. received the entire transaction price. After the transaction, Xinjiang Winka Times Department Store Co.,Ltd. holds 20% stake in Xinjiang Shanshan Winka Outlets Shopping Plaza Co., Ltd. Shanshan Commercial Group Co., Ltd. completed the acquisition of 80% stake in Xinjiang Shanshan Winka Outlets Shopping Plaza Co., Ltd from Xinjiang Winka Times Department Store Co.,Ltd. (SHSE:603101) on January 11, 2019.