Guangzhou Haige Communications Group Incorporated Company (SZSE:002465) agreed to acquire additional 8.8% stake in Guangdong Iscreat-e Science and Technology Co., Ltd. from Gu Yuanqin on April 1, 2016. The stockholders of Guangdong Iscreat-e Science and Technology Co., Ltd. approved the transaction. Gu Yuanqin will transfer 17.6 million shares to Guangzhou Haige Communications Group Incorporated Company. As of December 31, 2015, Guangdong Iscreat-e Science and Technology Co., Ltd. reported total assets of CNY 1091.79 million, owner's equity of CNY 598.15 million, revenues of CNY 1012.64 million, operating profit of CNY 183.82 million and net profit of CNY 158.43 million. Guangzhou Haige Communications Group Incorporated Company (SZSE:002465) completed the acquisition of additional 8.8% stake in Guangdong Iscreat-e Science and Technology Co., Ltd. from Gu Yuanqin on April 14, 2016.