Jiaoxin Beidou (Jiaxing) Equity Investment Co., Ltd. signed a share transfer agreement to acquire 9.6% share of Trust Alliance Information Development Inc. Ltd. Shanghai (SZSE:300469) from Shanghai Zhongxin Electronic Development Co., Ltd. for CNY 250 million on March 19, 2021. As per terms, Jiaoxin Beidou (Jiaxing) Equity Investment Co., Ltd. shall acquire approximately 19.7 million shares of Trust Alliance Information Development Inc. Ltd. Shanghai at CNY 12.7 per share. The agreement is signed between Shanghai Zhongxin Electronic Development Co., Ltd., Zhang Shuhua and Jiaoxin Beidou (Jiaxing) Equity Investment Co., Ltd.