GRG Banking Equipment Co. Ltd. (SZSE:002152) agreed to acquire the remaining 30% stake in Creator (China) Tech Co Ltd from Wang Chaohui, Li Xiang, Feng Bin, Hai Yufang and Shenzhen Creator Growth Investment Enterprise (Limited Partnership) for approximately CNY 140 million on March 8, 2019. As per the terms of the transaction, Wang Chaohui will sell 17.4% stake, Li Xiang will sell 2.6% stake, Feng Bin will sell 0.9% stake, Hai Yufang will sell 2.9% stake and Shenzhen Creator Growth will sell 6.1% stake. GRG Banking used its own funds of CNY 141.9 million to finance the transaction. GRG Banking’s 14th interim session of the 5th directorate meeting held on March 8, 2019 reviewed and approved the transaction. GRG Banking Equipment Co. Ltd. (SZSE:002152) cancelled the acquisition of the remaining 30% stake in Creator (China) Tech Co Ltd from Wang Chaohui, Li Xiang, Feng Bin, Hai Yufang and Shenzhen Creator Growth Investment Enterprise (Limited Partnership) on March 8, 2020.