Zhuhai Rongcheng Investment Center (Limited Partnership) signed an equity transfer agreement to acquire an additional 6.04% stake in Dalian Sunlight Machinery Co., Ltd. (SZSE:002621) from Yu Jianmo for CNY 700 million on January 3, 2018. Under the terms, Zhuhai Rongcheng Investment Center (Limited Partnership) will acquire the remaining 20.38 million unrestricted shares held by Yu Jianmo at CNY 34.34 per share. As consideration, within 10 days since the signing of the equity transfer agreement, a first installment of CNY 100 million is to be paid. A second installment of CNY 360 million will be paid within 10 days since delivery of the underlying equity and a third installment of CNY 240 million must be paid within 12 months since delivery of the underlying equity. Post completion of the transaction, Zhuhai Rongcheng Investment Center (Limited Partnership) will hold 29% stake in Dalian Sunlight Machinery Co., Ltd. Zhuhai Rongcheng Investment Center (Limited Partnership) completed the acquisition of additional 6.04% stake in Dalian Sunlight Machinery Co., Ltd. (SZSE:002621) from Yu Jianmo on January 17, 2018.