Li Xiaodong agreed to acquire 36.36% stake in Lianyungang Donghai Silica Powder Co., Ltd. from Shengyi Technology Co.,Ltd. (SHSE:600183) for CNY 31 million on April 23, 2014. The transaction has been approved by Board of Directors of Shengyi Technology Co.,Ltd.

Li Xiaodong cancelled the acquisition of 36.36% stake in Lianyungang Donghai Silica Powder Co., Ltd. from Shengyi Technology Co.,Ltd. (SHSE:600183) on April 23, 2015.