China Huadian Capital Holdings Co.Ltd agreed to acquire 3% stake in Huaxin Insurance Broker Co., Ltd. from GuiZhou QianYuan Power Co., Ltd. (SZSE:002039) for CNY 8.2 million on August 22, 2019. As of December 31, 2018, Huaxin Insurance reported total assets of CNY 330.6 million and owner's equity of CNY 323.5 million and reported revenues of CNY 192.6 million, net profit of CNY 123.8 million and operating profit of CNY 65.2 million for the year ended December 31, 2018. The transaction has been approved by Board of GuiZhou QianYuan Power. China Huadian Capital Holdings Co.Ltd cancelled the acquisition of 3% stake in Huaxin Insurance Broker Co., Ltd. from GuiZhou QianYuan Power Co., Ltd. (SZSE:002039) on August 22, 2020.