East Money Information Co.,Ltd. (SZSE:300059) agreed to acquire remaining 33% stake in East Money Credit Co., Ltd. from Shanghai Mandao Financial Information Services Co., Ltd. for CNY 16.5 million on October 27, 2016. As on September 30, 2016, East Money Credit Co., Ltd. reported net assets of CNY 49.9 million and total assets of CNY 50.1 million. The board of directors of East Money Information Co.,Ltd. approved the deal.