Guangzhou Haige Communications Group Incorporated Company (SZSE:002465) agreed to acquire an additional 3.74% stake in Xi'An Chida Aircraft Parts Manufacturing Co.,Ltd from Meng Linghui for CNY 30 million on May 22, 2020. In related transaction, Guangzhou Haige Communications Group Incorporated Company plans to undergo a capital increase in Xi'An Chida Aircraft Parts Manufacturing Co.,Ltd. The transaction is approved by the Board of Guangzhou Haige Communications Group Incorporated Company.