Hangzhou Cixuan Peitong Investment Management Partnership Enterprise (LP) signed an agreement to acquire 17.5% in Yunnan Jinggu Forestry Co.,Ltd (SHSE:600265) from Guangdong Mega Investment Group Co., Ltd. for approximately CNY 760 million on January 20, 2017. Under the terms, 22.7 million shares will be acquired at CNY 33.3 per share. Post completion, Guangdong Mega Investment Group Co., Ltd. will not hold any stake in Yunnan Jinggu Forestry Co.,Ltd.