Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) signed a share transfer agreement to acquire remaining 26.04% stake in Shanghai Shuanghui Dachang Taisen Co., Ltd. from Rotex Inc. for approximately CNY 200 million on May 7, 2020. Shanghai Shuanghui Dachang Taisen Co., Ltd. had total assets of CNY 961.5 million as of December 31, 2019 and revenue of CNY 80.1 million, operating profit of CNY 35.9 million and net profit of CNY 26.9 million in the year ending December 31, 2019. In related transactions, Henan Shuanghui Investment & Development Co.,Ltd. signed share transfer agreements to acquire remaining 49% stake in Shineway-Ibet Bio-Environmental (Luohe) Co., Ltd from Rotex Inc., 40% stake in DuPont Shineway Luohe Protein Co., Ltd., 48% stake in DuPont Shineway Luohe Food Co., Ltd., remaining 49% stake in Wuhu Shuanghui Import and Export Trading Co., Ltd. and remaining 25% stake in Smithfield (Shanghai) Foods Co., Ltd. The deals have been approved at 24th Meeting of the Company’s 7th Directorate held on May 7, 2020, and are subject to the Shareholders’ Approval.