Zhuhai Rongcheng Investment Center (Limited Partnership) entered into an agreement to acquire a 13.12% stake in Dalian Sunlight Machinery Co.,Ltd. (SZSE:002621) from Yu Jianmo and Yu Yang for CNY 1.2 billion on November 23, 2016. As per the terms of agreement, sellers agreed to sell 29.5 million shares at CNY 40.65 per share. Yu Jianmo will transfer 21.88 million shares in Dalian Sunlight to Zhuhai Rongcheng, while Yu Yang will transfer 7.64 million shares in Dalian Sunlight to Zhuhai Rongcheng. In a related deal, Zhuhai Rongcheng Investment Center (Limited Partnership) agreed to acquire 15.88% of Dalian Sunlight’s total capital, held by Yu Jianmo and Yu Yang. Shareholders of Zhuhai Rongcheng Investment approved the deal. Trading of shares of Dalian Sunlight Machinery Co.,Ltd. to resume on November 28, 2016.