Shang Zhongwen agreed to acquire 3.25% stake in Kunchen Technology Co.,Ltd from Geeya Technology Co., Ltd. (SZSE:300028) for CNY 5.7 million on March 24, 2017. Kunchen Technology reported total revenue of CNY 1.02 million, total assets of CNY 19.8 million, net loss of CNY 5.96 million and net assets of CNY 19.69 million for the year ending, December 31, 2016. Shang Zhongwen cancelled the acquisition of 3.25% stake in Kunchen Technology Co.,Ltd from Geeya Technology Co., Ltd. (SZSE:300028) on March 24, 2018.