Beijing Dabeinong Technology Group Co.,Ltd. (SZSE:002385) agreed to acquire an additional 5.53% stake in Wuhan Green Junong Agriculture and Animal Husbandry Co., Ltd from a group of sellers for CNY 8.1 million on May 8, 2019. The sellers include Jiang Shiping, Li Gangmeng, Wang Kaiyuan, Zeng Jinzhe, Liu Yulong, Yang Wei, Ye Hua, Song Luhong, Pan Qihong, Zhou Qili, and Yue Zailong. Of the total shares to be acquired, 8.10 million shares correspond to paid subscribed investment and this will be acquired by the company at a price of CNY 1 per share for a total of CNY 8.1 million. 14 million shares correspond to unpaid subscribed investment and this will be acquired by the company for CNY 0. After the transaction, Beijing Dabeinong Technology Group will own 55.26% stake in Wuhan Green Junong. As of December 31, 2018, Wuhan Green Junong had total assets of CNY 310.2 million and net assets of CNY 240.8 million. For the year ending December 31, 2018, Wuhan Green Junong had revenues of CNY 191.4 million and net loss of CNY 27.1 million.