 SHENZHEN, China, Nov. 20, 2020 GLOBE NEWSWIRE -- Fangdd Network Group Ltd. NASDAQ: DUO FangDD or the Company, a leading property technology company in China, today announced that it has entered into a share transfer and capital increase agreement the Agreement with Shanghai Yuancui Information Technology Co., Ltd. Shanghai Yuancui, a company providing technology-enabled solutions, franchise branding, and operational efficiency improvements for agents and agencies in the real estate brokerage industry. Currently, Shanghai Yuancui has more than 400 offline stores. Centaline China Property Agency Limited, a subsidiary of leading real estate brokerage firm Centaline Group, is a shareholder of Shanghai Yuancui. 