Haitong Securities Co., Ltd. (SHSE:600837) agreed to acquire Shanghai Weitai Property Management Co., Ltd. on January 20, 2017. As a part of transaction, Haitong Securities will also receive creditor's rights of approximately CNY 100 million. The transaction has been approved by the Board of Haitong Securities Co., Ltd. at the 21st special meeting of the 6th directorate held on January 20, 2017.