Guangdong Jiayuan Technology Co., Ltd. signed an equity transfer agreement to acquire an additional 21.3% stake in Mei County Jinxiang Copper Foil Co., Ltd. from Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SHSE:600868) for CNY 58.2 million on October 10, 2017. Guangdong Jiayuan Technology will pay CNY 30 million within 30 working days from signing the agreement, CNY 5 million before December 31, 2017, CNY 5 million before April 30, 2018 and the remaining will be paid before June 30, 2018. The transaction is not subject to approval from the shareholders' of Guangdong Meiyan Jixiang Hydropower Co., Ltd.