East Money Information Co.,Ltd. (SZSE:300059) agreed to acquire additional 27% stake in Shanghai Weizhao Information Technology Co., Ltd. from Shanghai Shengyan Investment Management Center (Limited Partnership) for nil consideration on December 28, 2017. For the year ended December 31, 2016, Shanghai Weizhao Information Technology Co., Ltd. reported total assets of CNY 5.2 million, net assets of CNY 4.2 million, operating loss of CNY 7.2 million, and net loss of CNY 7.2 million. The transaction was approved by the 13th session of 4th directorate of East Money Information Co.,Ltd. East Money Information Co.,Ltd. (SZSE:300059) cancelled the acquisition of additional 27% stake in Shanghai Weizhao Information Technology Co., Ltd. from Shanghai Shengyan Investment Management Center (Limited Partnership) on December 28, 2018.