The transfer of the equity of Liangpinpu was unconditionally approved.

According to a recent list of cases approved by Chongqing Market Supervision and Administration Bureau, the "Wuhan Yangtze International Trade Group Co., Ltd. acquiring shares of Liangpinpuzi Co., Ltd." was unconditionally approved on September 10th. However, according to an announcement by Liangpinpuzi on September 17th, the second largest shareholder, Dayong Co., Ltd., has signed a supplementary agreement with Wuhan Yangtze International Trade Group, extending the deadline for the transfer of 4.45 billion yuan and 8.99% of the shares to October 15th. The original agreement price on July 17th was 12.34 yuan per share; the completion of the transaction still remains uncertain pending approval from state-owned assets supervision, stock exchange confirmation, and transfer of ownership. The delay may be influenced by a lawsuit filed by Guangzhou State-owned Assets Guangzhou Light Industry Trade Group Co., Ltd.