Zhongtai Asset Management agreed to acquire 5.3% stake in Suzhou Kelida Building& Decoration Co.,Ltd. (SHSE:603828) form Gu Yiming, Gu Longdi and Zhu Caizhen for approximately CNY 140 million on January 7, 2020. Under the terms, Zhongtai Asset Management will acquire 29.3 million shares for CNY 4.84 per share. The transaction is subject to regulatory approval. Zhongtai Asset Management completed the acquisition of 5.3% stake in Suzhou Kelida Building& Decoration Co.,Ltd. (SHSE:603828) form Gu Yiming, Gu Longdi and Zhu Caizhen on March 4, 2020. Gu Yiming, Zhu Caizhen and Gu Longdi transferred 12.73 million, 8.3 million and 8.3 million shares respectively.