Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) intends to acquire an additional 56.4% stake in Zhejiang Huajie Investment Development Co., Ltd. from Shanghai Yuantong Jiaolong Investment Development (Group) Co., Ltd. and Yiwu International Land Port Group Co., Ltd. for CNY 0 on April 2, 2020. Post completion, Zhejiang China Commodities City Group Co., Ltd. will hold 94% stake in Zhejiang Huajie Investment Development Co., Ltd. Zhejiang Huajie Investment Development Co., Ltd. reported total assets of CNY 38.0712 million, net assets of CNY 10.6084 million, operating revenue of CNY 11.1449 million and net loss of CNY 7.7389 million as of December 31, 2019. The transaction was approved by the Board of Directors of Zhejiang China Commodities City Group Co., Ltd. Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) cancelled the acquisition of an additional 56.4% stake in Zhejiang Huajie Investment Development Co., Ltd. from Shanghai Yuantong Jiaolong Investment Development (Group) Co., Ltd and Yiwu International Land Port Group Co., Ltd. on April 2, 2021.