Swire Coca-Cola Beverages Hefei Ltd. signed an asset transfer agreement to acquire PET bottled water assets of Guangzhou Tech-Long Packaging Machinery Co., Ltd. (SZSE:002209) for CNY 11.2 million on December 30, 2016. The deal was approved by the Board of Guangzhou Tech-Long Packaging Machinery on December 30, 2016. The transaction does not require the approval of the shareholders’ meeting and related government authorities. Swire Coca-Cola Beverages Hefei Ltd. cancelled the agreement to acquire PET bottled water assets of Guangzhou Tech-Long Packaging Machinery Co., Ltd. (SZSE:002209) on October 12, 2018.