Bohai Ferry Co., Ltd. (SHSE:603167) agreed to acquire the remaining 50% stake in Fujian Electric Distribution and Sale Co., Ltd. from China Yangtze Power Co.,Ltd. (SHSE:600900) for CNY 20.1 million on April 1, 2017. The parties signed the equity rights transfer agreement on April 25, 2017. After completion of the transaction, Bohai Ferry Co., Ltd. will hold 100% stake in Fujian Electric Distribution and Sale Co., Ltd.