Addsino Co., Ltd. (SZSE:000547) signed a framework agreement to acquire Nanjing Unary Information Technology Co., Ltd. from a group of sellers for approximately CNY 270 million on March 14, 2018. On August 2, 2018, Addsino Co., Ltd. signed an agreement to acquire Nanjing Unary Information Technology Co., Ltd. from a group of sellers. The consideration comprises issuance of 25.3 million new shares of Addsino Co., Ltd. In related deals, Addsino Co., Ltd. agreed to acquire Aerospace Kaiyuan Technology Co., Ltd. and 46% in Beijing Run Technology Co., Ltd. Addsino Co., Ltd. also agreed to carry out a private placement of CNY 800 million to raise supporting funds. The deal is subject to State-owned Assets Management Authority completing the filing of the evaluation report, second approval from Board of Directors of Addsino Co., Ltd., approval from shareholders of Addsino Co., Ltd. and Nanjing Unary Information Technology Co., Ltd. and approval from China Securities Regulatory Commission. As on August 2, 2018, transaction is subject to a gain shareholders’ approval of Nanjing Unary Information and Addsino Co, NEEQ’s Consent for Nanjing Unary delisting before the delivery date, SASAC’s approval and CSRC’s approval. The transaction is approved by the Military Affairs Bureau and by Board of Directors of Nanjing Unary Information Technology Co., Ltd. and Addsino Co., Ltd. SASAC of the State Council has also confirmed the deal in-principle. As on August 2, 2018, transaction has been approved by directorates of Nanjing Unary Information and Addsino Co., Ltd., confirmation of the State-owned Assets Supervision and Administration Commission, obtained approval of National Defense Science and Industry Bureau’s Military Affairs review. As on August 27, 2018, the transaction has been approved by State-owned Assets Supervision and Administration Commission of the State Council. On November 14, 2018, the transaction has been approved by 2018 58th M&A review committee of China Securities Regulatory Commission but Addsino has not received the official approval document from the China Securities Regulatory Commission, and when Addsino receives the relevant approval documents from the China Securities Regulatory Commission it will be announced separately Zeng Chun, Wang Yifei, Han Feike, Wei Tian, Wang Guanjie professionals of CITIC Securities Company Limited (SHSE:600030) acted as financial advisor, Wang Guan, Tang Shi professionals of Grandway Law Offices acted as legal advisor and Yuan Gangshan, Zuo Zhimin professionals of Ruihua Certified Public Accountants, LLP acted as accountant to Addsino Co., Ltd. Addsino Co., Ltd. (SZSE:000547) completed the acquisition of Nanjing Unary Information Technology Co., Ltd. from a group of sellers on December 5, 2018.