Anxin Trust Co., Ltd (SHSE:600816) signed share transfer agreement to acquire 6.03% stake in DMG Entertainment and Media Co., Ltd. (SZSE:002143) from Xiao Wenge for CNY 1.4 billion on January 29, 2018. Under the transaction, Anxin Trust Co., Ltd is acquiring 106.7 million shares at CNY 12.744 per share. On February 2, 2018, Anxin Trust Co., Ltd and Xiao Wenge signed a supplementary agreement to the share transfer agreement to revise the transfer price from CNY 12.744 per share to CNY 12.75 per share.

Post completion, Xiao Wenge will hold 106.7 million shares in DMG Entertainment and Media Co., Ltd.