Shenzhen Worldshine Business Internet Technology Co., Ltd. and Shenzhen Haiyou Zhichuang Investment Partnership Enterprise (Limited Partnership) agreed to acquire 60% stake in Shenzhen E-Mantech Co., Ltd. from Eternal Asia Supply Chain Management Ltd. (SZSE:002183) for CNY 45 million on June 22, 2017. Shenzhen Worldshine Business Internet Technology Co., Ltd. and Shenzhen Haiyou Zhichuang Investment Partnership Enterprise (Limited Partnership) signed an agreement with Eternal Asia Supply Chain Management Ltd. CNY 45 million on June 23, 2017. As per terms, Shenzhen Worldshine Business Internet Technology Co., Ltd. and Shenzhen Haiyou Zhichuang Investment Partnership Enterprise (Limited Partnership) will acquire 51% and 9% stakes for CNY 38.25 million and CNY 6.75 million, respectively. For the year ended December 31, 2016, Shenzhen E-Mantech Co., Ltd. reported total assets of CNY 242.9 million, revenues of CNY 558.2 million, operating loss of CNY 23.8 million, net loss of CNY 20.2 million and net assets of CNY 92.4 million. As of June 22, 2017, Board of Eternal Asia Supply Chain Management Ltd. approved the transaction and does not need shareholders’ approval.