Harbin ZhongFei New Technology CO.,LTD. (SZSE:300489) signed a share transfer agreement to acquire remaining 30% stake in Anhui Zhongfei Pioneer Technology Co., Ltd. on March 1, 2020. Under the terms, Harbin ZhongFei New Technology is acquiring the stake in Anhui Zhongfei Pioneer Technology in lieu because Vital Materials has not yet paid for the investment amount corresponding to the stake it holds in Anhui Zhongfei. The transaction is approved by the Board of Directors of Harbin ZhongFei New Technology. Harbin ZhongFei New Technology CO.,LTD. (SZSE:300489) cancelled the acquisition of remaining 30% stake in Anhui Zhongfei Pioneer Technology Co., Ltd. on March 1, 2021.