Power Sun Ventures Limited acquired 17.83% stake in Coolpad Group Limited (OTCPK:CHWT.F) from Leview Mobile HK Limited for approximately HKD 810 million on January 4, 2018. Power Sun Ventures Limited acquired 897 million shares of Coolpad Group Limited for HKD 0.9 per share. Leview Mobile HK Limited now hold 10.95% stake in Coolpad Group Limited. Power Sun Ventures Limited completed the acquisition of 17.83% stake in Coolpad Group Limited (OTCPK:CHWT.F) from Leview Mobile HK Limited on January 4, 2018.