Europol Intelligent Network Co., Ltd. (SZSE:002711) signed the equity acquisition intent letter to acquire 60% stake in Beijing Lange E-commerce Co., Ltd.and Shanghai Yongkong Industrial Co., Ltd. on July 14, 2017. The consideration will be paid in cash. In a related transaction, Europol Intelligent Network Co., Ltd. signed the equity acquisition intent letter to acquire 60% stake in Guangdong Yongtong Machinery Limited by Shares Ltd.