Aisino Corporation (SHSE:600271) agreed to acquire 65% stake in Aerospace Network Security Technology (Shenzhen) Co., Ltd from Shenzhen Yizhong Investment Management Co., Ltd, Nanyang Rongzhi Rongxin Technology Center (general partnership), Beijing Aerospace Science and Technology Information Industry Investment Fund (Limited Partnership) and Guangxi Shangtian Industrial Investment Co., Ltd for approximately CNY 580 million on December 24, 2018. Under the terms, Aisino Corporation will pay CNY 158 million to acquire 17.65% held by Shenzhen Yizhong Investment Management Co., Ltd, will pay CNY 322.2 million to acquire 36% held by Nanyang Rongzhi Rongxin Technology Center (general partnership), will pay CNY 89.5 million to acquire 10% held by Beijing Aerospace Science and Technology Information Industry Investment Fund (Limited Partnership) and will pay CNY 12.0825 million to acquire 1.35% held by Guangxi Shangtian Industrial Investment Co., Ltd. Aerospace Network Security Technology (Shenzhen) reported total assets of CNY 180.35 million, net assets of CNY 157.8 million, revenue of CNY 83.55 million and net profit of CNY 39.2 million as of December 31, 2017. The transaction has been approved by the Board of Directors of Aisino Corporation at the 38th meeting of the sixth directorate held on December 24, 2018.