In the evening of February 28, 2019, Hezhong Strong received a notice from Guo Xinping, the controlling shareholder and actual controller, on the same day, and Guo Xinping signed a Share Transfer Agreement with Beijing Haidian District State-owned Capital Operation and Management Center, and Haidian State-owned Assets acquired Guo Xinping's 5% stake in Hezhong Strong for 456 million yuan.

Haidian State Capital intends to join hands with central enterprises and designated affiliates to take the way of cash acquisition, and in due course to acquire 5%~20% of the shares held by Guo Xinping. The introduction of strategic investors is intended to provide relief for HZSTRONG. Guo Xinping for subscribing to the directional issue of shares of the listed company pledged part of the shares held, some of the pledged shares have appeared overdue, but by communicating with the pledgee and applying for an extension has not yet appeared the risk of liquidation.