Huizhou Xiangrong Property Co., Ltd. signed share transfer agreement to acquire Huizhou Yingleda Industrial Co., Ltd. from Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) for CNY 52 million on January 18, 2019. The transaction was approved by the Board of Shen Zhen Shengxunda Technology and does not require shareholders’ approval. Huizhou Xiangrong Property Co., Ltd. cancelled the acquisition of Huizhou Yingleda Industrial Co., Ltd. from Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) on January 18, 2020.