China National Nuclear Corporation agreed to acquire 15.66% stake in Guangdong Orient Zirconic Ind Sci & Tech Co., Ltd. (SZSE:002167) from Chen Chaodian and Wang Muhong for approximately CNY 720 million in stock on April 1, 2013. China National Nuclear will exchange 35.64 million shares in SUFA Technology Industry Co.,Ltd for 64.81 million shares in Guangdong Orient. Chen Chaodian sold 54.3 million shares representing 13.12% stake and Wang Muhong sold 10.51 million shares representing 2.54% stake in Guangdong Orient Zirconic.

Post transaction, Chen Chaodian will hold 45 million shares representing 10.87% stake and Wang Muhong will hold 17.6 million shares representing 4.25% stake in Guangdong Orient Zirconic.