Shenzhen Chuangyuan Electronic Industry Co., Ltd. agreed to acquire Ningbo Bird Software Co., Ltd. from Ningbo Bird Co.,Ltd. (SHSE:600130) for CNY 30.6 million on April 12, 2019. A 1ST installment of CNY 15.6 million will be paid within 5 days since signing of the agreement. The rest of the transactional price will be paid within 5 days since completion of change of registry procedures. For the year ended December 31, 2018, Ningbo Bird Software Co., Ltd. has total assets of CNY 105.3 million, net assets of CNY 102.5 million, operating revenue of CNY 9 million and net profit of CNY 7.1 million. The transaction was approved by the 11th meeting of the 7th directorate.