Foshan Shunde Hejin Plastic Chemical Co., Ltd. agreed to acquire remaining 55% stake Guangdong Europol Intelligent Network Cold Chain E-Commerce Co., Ltd. from Europol Intelligent Network Co., Ltd. (SZSE:002711) for CNY 11 million on July 25, 2017. After the completion of the transaction, Foshan Shunde Hejin Plastic Chemical Co., Ltd. will hold 100% stake. During the financial year December 2016, Guangdong Europol Intelligent Network Cold Chain E-Commerce Co., Ltd. reported total assets of CNY 20.32 million, net assets of CNY 20.32 million, operating revenue of CNY 12.23 million and net profit of CNY 0.22 million. The transaction does not need to be submitted for deliberation in Europol Intelligent Network Co., Ltd. Directorate meeting.