Huizhou Guangyurong Technology Co., Ltd. entered into stake transfer agreement to acquire Huizhou Weilan Sports Goods Co., Ltd. from China Dive Company Limited (SZSE:300526) for CNY 64.9 million on April 8, 2019. For the year ended December 31, 2018, Huizhou Weilan Sports Goods Co., Ltd. reported its total assets of CNY 21.5 million, net assets of CNY 12.3 million, revenue of CNY 0 and net loss of 0.6 million. The transaction does not need to be examined at the directorate and shareholders’ meeting.