Shaoxing Tianrui Textile Co., Ltd. signed share transfer agreement supplement agreement to acquire 22.26% stake in Zhejiang Sihai Spandex Fiber Co., Ltd. from Inner Mongolia Tianshou Technology and Development Co., Ltd. (SZSE:000611) for CNY 130 million on November 23, 2016. Shaoxing Tianrui Textile Co., Ltd. cancelled the acquisition of 22.26% stake in Zhejiang Sihai Spandex Fiber Co., Ltd. from Inner Mongolia Tianshou Technology and Development Co., Ltd. (SZSE:000611) on November 23, 2017.