Chen Jidong signed the equity transfer agreement to acquire 5.78% stake in Guangdong Qunxing Toys Joint-Stock Co., Ltd. (SZSE:002575) from Guangdong Qunxing Investment Co., Ltd. for approximately CNY 210 million on December 28, 2018. Under the transaction, Chen Jidong acquires 34 million shares at CNY 6.18 per share.