Changchun jingkai Group Co. Ltd. (SHSE:600215) said it plans to buy America Wanfeng Corporation for CNY 1.6 billion ($247.45 million). America Wanfeng will become Co.'s wholly-owned unit after the transaction. Changchun jingkai will indirectly own U.S. robotics maker Paslin and Paslin units' production & operation entities and plans to set up intelligent technology unit in Hainan with registered capital of CNY 500 million.