Jilin Kaichuang Agro-Pastoral Technology Co., Ltd. agreed to acquire 51% stake in Henan Kaixing Agro-Pastoral Technology Co., Ltd. from Chuying Agro-pastoral Group Co., Ltd (SZSE:002477) for CNY 5.1 million on August 12, 2015. Henan Kaixing Agro-Pastoral Technology Co., Ltd. reported total revenue of CNY 11.29 million, net profit of CNY 0.11 million, total assets of CNY 25.14 million and net assets of CNY 10.11 million for the period ending December 31, 2014. The transaction has been approved by Board of Directors of Chuying Agro-Pastoral Group Co., Ltd.