Cefc Anhui International Holding Co., Ltd. (SZSE:002018) agreed to acquire CEFC Petroleum (Fujian) Co., Ltd. from CEFC Shanghai International Group Limited for approximately CNY 220 million in cash on March 6, 2015. CEFC Petroleum (Fujian) had revenues of CNY 2 billion, total assets of CNY 222.62 million, EBIT of CNY 17.35 million, net income of CNY 12.32 million and total common equity of CNY 219.77 million for the year ended December 31, 2014. The transaction is subject to approval of Cefc Anhui International's shareholders. The transaction has been approved by Cefc Anhui International's Board of Directors. Cefc Anhui International Holding's meeting will be held on March 23, 2015. The transaction has been approved by the shareholders of Cefc Anhui International Holding.

Cefc Anhui International Holding Co., Ltd. (SZSE:002018) cancelled the acquisition of CEFC Petroleum (Fujian) Co., Ltd. from CEFC Shanghai International Group Limited on March 6, 2016.