Sichuan Chemical Company Limited (SZSE:000155) agreed to acquire 30% stake in Chengdu Chuanneng Xinyuan Equity Investment Fund Management Co., Ltd for nil consideration on January 5, 2018. Sichuan Chemical Company Limited will sign formal agreement as soon as possible. The transaction is approved by the Board of Directors of Sichuan Chemical Company Limited at its 1st interim session for 2018 of the 6th directorate meeting. Sichuan Chemical Company Limited (SZSE:000155) cancelled the acquisition of 30% stake in Chengdu Chuanneng Xinyuan Equity Investment Fund Management Co., Ltd on January 5, 2019.