Yes According to the announcement issued by Hope Group, on February 5, 20021,Chengdu Maysunshine Education Management Co., Ltd., a wholly-owned subsidiary of the Group, signed an acquisition agreement with Xiao, Lai Xinjian. It is planned to acquire 100% equity of the organizer of Gongqing College of Nanchang University and 100% equity of Jiangxi Changzhen Industrial Co., Ltd. at a consideration of 500 million yuan, and sell them back. The Communist Youth League College of Nanchang University was founded in 1985 with a campus area of 636 mu, located in gongqingcheng city.