Changchun New District State-owned Assets Supervision and Administration Commission agreed to acquire 22.36% stake in Changchun High & New Technology Industry (Group) Inc. (SZSE:000661) from Changchun Hi-tech Investment Co., Ltd for free of charge on November 29, 2018. Under the terms, Changchun New District State-owned Assets Supervision and Administration Commission are acquiring 38.04 million shares of Changchun High & New Technology Industry. Changchun New District State-owned Assets Supervision and Administration Commission cancelled the acquisition of 22.36% stake in Changchun High & New Technology Industry (Group) Inc. (SZSE:000661) from Changchun Hi-tech Investment Co., Ltd on November 29, 2019.