Beijing Jingyuntong Technology Co., Ltd (SHSE:601908) agreed to acquire Ningxia Shengyang New Energy Co., Ltd. from Li Zheng and Zhan Yuanqing for CNY 15 million on March 27, 2013. Post transaction, Beijing Jingyuntong will inject CNY 285 million into Ningxia, to increase its registered capital to CNY 300 million.

Beijing Jingyuntong Technology Co., Ltd (SHSE:601908) cancelled the acquisition of Ningxia Shengyang New Energy Co., Ltd. from Li Zheng and Zhan Yuanqing on March 27, 2014.