Li Xiaoyan signed the share transfer agreement to acquire 6.02% stake in Gosun Holding Co., Ltd. (SZSE:000971) from Weng Yuan for approximately CNY 150 million on September 24, 2020. As per terms, Weng Yuan will transfer approximately 63.56 million shares of Gosun Holding and will reduce his stake in Gosun Holding from 8.53% to 2.5%. Li Xiaoyan cancelled the acquisition of 6.02% stake in Gosun Holding Co., Ltd. (SZSE:000971) from Weng Yuan on October 17, 2020.