China Shipping Haisheng Co., Ltd. (SHSE:600896) acquired 5% stake in DHC Software Co., Ltd. (SZSE:002065) from Beijing Donghua Integrity Industrial Equipment Center (Limited Partnership) for CNY 1.6 billion on November 8, 2016. Under the terms of the agreement China Shipping Haisheng will acquire approximately 78.5 million shares at CNY 21.05 per share. The Board of Directors of China Shipping Haisheng Co., Ltd. approved the deal and is further subject to approval from its shareholders. The transaction has been approved by the shareholders of China Shipping Haisheng Co., Ltd. on November 24, 2016.

China Shipping Haisheng Co., Ltd. (SHSE:600896) completed the acquisition of 5% stake in DHC Software Co., Ltd. (SZSE:002065) from Beijing Donghua Integrity Industrial Equipment Center (Limited Partnership) on December 20, 2016.