Shandong New Beiyang Information Technology Co., Ltd. (SZSE:002376) signed an agreement to acquire an additional stake in Weihai New Beiyang Digital Technology Co., Ltd. from Yuan Yong, Zhang Guofang, Zhang Yuguo, and Sun Jianyu for CNY 7.8 million on January 25, 2018. Shandong New Beiyang Information Technology Co., Ltd. will acquire shares at the price of CNY 5.9 per share. Shandong New Beiyang Information Technology Co., Ltd. will use own funds for the acquisition. Shandong New Beiyang Information Technology Co., Ltd. (SZSE:002376) cancelled the acquisition of an additional stake in Weihai New Beiyang Digital Technology Co., Ltd. from Yuan Yong, Zhang Guofang, Zhang Yuguo, and Sun Jianyu on January 25, 2019.