Shanxi Lanhua Sci-Tech Venture Co. Ltd. (SHSE: 600123) agreed to acquire the remaining 25% stake in Shanxi Lanhua Clean Energy Co., Ltd. from Foryou Group (Hong Kong) Co., Ltd. for CNY 46.6 million on April 25, 2011. After the equity receiving, Shanxi Lanhua Sci-Tech Venture Co. Ltd. will hold 100% equity of Shanxi Lanhua Clean Energy. Shanxi Lanhua Sci-Tech Venture Co. Ltd. will fund the acquisition with its own funds. The deal got approved from the Board of Shanxi Lanhua Sci-Tech Venture Co. Ltd. Shanxi Lanhua Sci-Tech Venture Co. Ltd. (SHSE: 600123) cancelled the acquisition of the remaining 25% stake in Shanxi Lanhua Clean Energy Co., Ltd. from Foryou Group (Hong Kong) Co., Ltd on April 25, 2012.