China Film Co., Ltd. (SHSE:600977) signed an agreement to acquire an additional 9% stake in CFG Barco (Beijing) Electronics Co, Ltd. from Barco NV (ENXTBR:BAR) for approximately CNY 180 million on December 4, 2017. Under the terms of the agreement, Barco NV's stake in CFG Barco (Beijing) Electronics Co, Ltd. will reduce from 58% to 49% post completion. Barco NV will continue to act as exclusive OEM partner for all projection and image processing technologies of CFG Barco (Beijing) Electronics Co, Ltd. The transaction is subject to customary regulatory approvals and is expected to complete by mid of 2018. The transaction is not expected to have any material impact on net earnings of Barco NV.

China Film Co., Ltd. (SHSE:600977) completed the acquisition of an additional 9% stake in CFG Barco (Beijing) Electronics Co, Ltd. from Barco NV (ENXTBR:BAR) on July 5. 2018. As of July 5, 2018 all customary approvals have been received.