ZheJiang KangLongDa Special Protection Technology Co., Ltd. (SHSE:603665) signed an equity transfer framework agreement to acquire 68% stake in Huangshan Hualan Technology Co., Ltd. from Huangshan Supply and Marketing Group Co., Ltd. on December 24, 2020. In December 31, 2019, Huangshan Hualan Technology reported a total assets of CNY 846 billion, total common equity of CNY 78.2 billion and total revenues of CNY 685 billion. ZheJiang KangLongDa Special Protection Technology Co., Ltd (SHSE:603665) cancelled the acquisition of 68% stake in Huangshan Hualan Technology Co., Ltd. from Huangshan Supply and Marketing Group Co., Ltd. on August 30, 2021.