On the evening of December 18th, the La Natsu Bell clothing Limited by Share Ltd of Shanghai (hereinafter referred to as "La Natsu Bell") announced that a wholly owned subsidiary, the 60% equity interest held by La Xia management company will be transferred to the Blue Lake investment management consulting (Shanghai) Limited company at a transaction price of 1 yuan. As of November 30th, the Interindustry net assets amounted to -5057.43 million yuan.

La Natsu Bell said that the equity transfer is mainly aimed at integrating and optimizing the existing resource allocation, further reducing the company's business burden and focusing on the core women's clothing brand. After the transfer, the company will no longer hold a stake in the company.

Statistics show that La Natsu Bell is a multi brand and all channel fashion group positioned in the mass consumer market. Since its inception, the company has focused on the field of clothing and apparel. The main business scope of the industry includes computer graphic design, building decoration, decoration and construction engineering, business information consultation, sales clothing, clothing, shoes and hats and other fields.