Wenzhou Kangnan Technology Co., Ltd. agreed to acquire 23.1% in CHTC Helon Co., Ltd. (SZSE:000677) for approximately CNY 580 million on October 18, 2019. As per terms, 200 million shares will be acquired through the auction by Liaoning Province Shenyang Intermediate People’s Court. Wenzhou Kangnan Technology Co., Ltd. completed the acquisition of 23.1% in CHTC Helon Co., Ltd. (SZSE:000677) on October 30, 2019. Confirmation of Application for Securities Non-transfer Registration has been issued by China Securities Depository and Clearing Co., Ltd.