Chengde Chengjin Trading Co., Ltd. agreed to acquire Chengde Nanjiang Trading Co., Ltd. from Dongfeng Sci-Tech Group Co., Ltd. (SZSE:200160) for CNY 22.6 million on August 14, 2018. As of December 31, 2017, Chengde Nanjiang Trading Co., Ltd. reported total assets of CNY 75.3 million and net asset of CNY 41.3 million. For the year ended December 31, 2017, Chengde Nanjiang Trading Co., Ltd. reported revenues of CNY 1.3 million and net profit of CNY 39.8 million. The Board of Directors of Dongfeng Sci-Tech Group Co., Ltd. approved the transaction on August 14, 2018.