Sen Wu agreed to acquire Shanghai Sanwa Co., Ltd. from Tokyo Koki Co. Ltd. (TSE:7719) for CNY 2.1 million on February 16, 2015. A resolution was passed by the Board of Directors of Tokyo Koki for the transaction. The contract conclusion date is scheduled in end-February 2015 while the stake handover date is scheduled in mid-May 2015.

Sen Wu cancelled the acquisition of Shanghai Sanwa Co., Ltd. from Tokyo Koki Co. Ltd. (TSE:7719) on February 16, 2016.