At the end of December 2016, Mason Group Holdings Ltd. (“Mason Group”, 00273.HK), a HKEX Main Board listed company, spent 550 million yuan to acquire 55% issued shares of the offshore holding company of Zhuhai Aiyingao Commerce and Trade Co., Ltd. (“Aiyingdao”). The deal has already been completed.

Aiyingdao is one of the largest franchiser of mother and baby products in China. The regional sales network of Aiyingdao consists of hundreds of direct-sale stores and franchisee stores, mainly in Guangdong, Jiangsu and Zhejiang provinces.

Jingtian & Gongcheng is the PRC legal counsel of Mason Group and is fully involved the transaction and provides legal advices.