Yunhong Group Co., Ltd., entered into a share transfer agreement to acquire 10% stake in MEIGU Technology Holding Group Limited from Jiang Guitang for HKD 6.4 million.

Yunhong Group Co., Ltd., entered into a share transfer agreement to acquire 10% stake in MEIGU Technology Holding Group Limited (SEHK:8349) from Jiang Guitang for HKD 6.4 million on January 3, 2020. After transaction Jiang Guitang will hold 30.9% stake. There will be no change in business of MEIGU Technology after transaction.