Wangsu Science & Technology Co.,Ltd. (SZSE:300017) signed a share transfer agreement to acquire remaining 10% stake in Xiamen Qinhuai Technology Co., Ltd. from Ju Jing for CNY 99 million on December 31, 2018. Post completion, Wangsu Science & Technology will hold 100% stake in Xiamen Qinhuai Technology. Xiamen Qinhuai Technology reported net assets of CNY 146.2 million and total assets of CNY 969.7 million as of June 30, 2018. Deal is subject to Wangsu Science's shareholders’ approval and has been approved in the 28th Meeting of Wangsu Science & Technology's 4th Directorate held on December 31, 2018.