Haining Feast Investment Co., Ltd. signed a share transfer agreement to acquire 9.09% stake in Haikou Luoniushan Microcredit Co., Ltd. from Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd. (SZSE:000613) for CNY 12 million on December 8, 2014. Haikou Luoniushan Microcredit reported total assets of CNY 172.5 million, net assets of CNY 129 million, realized revenue of CNY 27.1 million, operating profit of CNY 19.1 million and net profit of CNY 14.2 million for the period ending December 31, 2013. The transaction is subject to the relevant government department's approval.

The transaction was approved by the Board of Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd. On December 16, 2014, the transaction was approved by The Finance Affairs Office of Government of Hainan Province.