Jiangsu Zhengxin Asset Management Co., Ltd. entered into a letter of intent to acquire Xinjiang Jichuang Asset Management Co., Ltd. from GI Technologies Group Co., LTD. (SZSE:300309) on December 24, 2021. Jiangsu Zhengxin Asset Management Co., Ltd. and GI Technologies Group Co., LTD. agree to pay CNY 80 million within 10 working days after the signing of this intent agreement and within 30 working days after the payment of the intent fee, both Jiangsu Zhengxin Asset Management Co., Ltd. and GI Technologies Group Co., LTD shall sign a formal definitive agreement and advance the internal and external decision-making procedures related to the sale. At that time, the intention price can be converted into the transfer price paid according to the asset sale agreement.