Guangzhou Haige Communications Group Incorporated Company (SZSE:002465) agreed to acquire additional 3.5% in Guangdong Iscreat-e Science and Technology Co., Ltd. from Gu Yuanqin on August 31, 2016. The shareholders of Guangdong Iscreat-e Science and Technology Co., Ltd. approved the deal. Post completion, Guangzhou Haige Communications Group Incorporated Company will hold 60% stake and Gu Yuanqin will hold 23% stake in Guangdong Iscreat-e Science and Technology Co., Ltd.