Europol Intelligent Network Co., Ltd. (SZSE:002711) signed a share transfer agreement to acquire 60% stake in Guangdong Yehui Steel Co., Ltd. from Xinyu Xinqi Trade Co., Ltd. for CNY 480 million on October 20, 2015. For the period ended December 31, 2014, Guangdong Yehui Steel reported total assets of CNY 756 million, total liabilities of CNY 789.47 million, net liabilities of CNY 32.48 million, revenue of CNY 701.99 million and net profit of CNY 9.3 million. The transaction is approved by Board of Directors of Europol Intelligent Network Co., Ltd.