Zhejiang Free Trade Zone Jingyuan Investment Partnership (Limited Partnership) signed an agreement to acquire 9.18% stake in Beijing KeHua Micro-Electronic Material Co., Ltd. from Jiangsu Nata Opto-electronic Material Co., Ltd. (SZSE:300346) for CNY 50 million on April 21, 2020. Payment will be done in 2 installments: a 1st installment of CNY 20 million payable within 7 days since signing of the respective agreement and a 2nd installment of CNY 30 million payable within 7 days since completion of change of registry procedures. As of December 31, 2019, Beijing KeHua Micro-Electronic Material Co., Ltd. has reported total assets of CNY 327.2 million, net assets of CNY 120.8 million, operating revenue of CNY 70.46 million, total profit of CNY 6.42 million and net profit of CNY 5.45 million. Zhejiang Free Trade Zone Jingyuan Investment Partnership (Limited Partnership) cancelled the acquisition of 9.18% stake in Beijing KeHua Micro-Electronic Material Co., Ltd. from Jiangsu Nata Opto-electronic Material Co., Ltd. (SZSE:300346) on April 21, 2021.