HONG KONG, Aug 10, 2021 - (ACN Newswire via SEAPRWire.com) - Elegance Optical International Holdings Limited ("The Company") is pleased to announce that Green Source Global Limited ("the Subscriber"), an indirect wholly-owned subsidiary of the Company, has entered into the agreement with H. Sterling LNG Terminal Holding Limited ("Target Company") and the Existing Shareholder ("Existing Shareholder"), pursuant to which the Subscriber has conditionally agreed to subscribe for, and the Target Company has conditionally agreed to issue and allot, 10,000 subscription shares, representing 50% of the issued share capital of the Target Company as enlarged at the subscription price of RMB223 million, to be settled in cash ("the Agreement").Completion of the subscription shall take place on the 30th business day after all the conditions precedent under the Agreement having been fulfilled or waived (or such other date as the parties to the Agreement may agree). Upon the completion, the Company will indirectly own 50% equity interest of the Target Company, representing approximately 10.5% equivalent interest in Yantai LNG Terminal Project Company of which 21.0% equivalent interests is held by t...