Shanghai Yueren Hospital Management Co., Ltd signed an equity transfer agreement to acquire 5.02% stake in Shenzhen H&T Intelligent Control Co., Ltd. (SZSE:002402) from Shenzhen Chuangdong H&T Investment Enterprise (Limited Partnership) for approximately CNY 300 million on August 31, 2018. Shanghai Yueren Hospital Management Co., Ltd will acquire 43 million shares of Shenzhen H&T Intelligent Control at CNY 7 per share. Payment will be done in 2 installments, first installment of 30% of the price to be paid within 5 days since signing of the relevant agreement and the 2nd installment for 70% of the price will be paid before 5 days since completion of delivery of underlying equity. Shanghai Yueren Hospital Management Co., Ltd cancelled the acquisition of 5.02% stake in Shenzhen H&T Intelligent Control Co., Ltd. (SZSE:002402) from Shenzhen Chuangdong H&T Investment Enterprise (Limited Partnership) recently.