According to the WeChat official account of the Shanghai Stock Exchange, Henglin shares announced that the company plans to acquire 100% of the equity of Dongguan Chuboshi Household Co., Ltd. ("chuboshi Household") held by GLORY WINNER TRADING LIMITED in cash at a valuation of 700 million yuan. Chuboshi Home Furnishing is currently an outstanding enterprise in the field of fine real estate decoration business in China. The main partners are Vanke, Country Garden, Poly, Sunshine City, Xuhui, Blu-ray, Jinke and other real estate leading enterprises.