Wuhan Xianglong Power Industry Co.Ltd (SHSE:600769) and Wuhan Gehua Group Co., Ltd. signed letter of intent to acquire iSoftStone Information Technology ( Group ) Co., Ltd. from Liu Tianwen and others on April 22, 2019. The consideration shall be payable through exchange of assets and issuance of shares.

Wuhan Xianglong Power Industry Co.Ltd (SHSE:600769) and Wuhan Gehua Group Co., Ltd. cancelled the acquisition of iSoftStone Information Technology ( Group ) Co., Ltd. from Liu Tianwen and others on May 8, 2019. The transaction was terminated because formal agreement was not signed within a limited time preiod.