Shangao (Yantai) Zhuoyue Investment Center (Limited Partnership) entered into an agreement to acquire 7.99% stake in Shenyang Blue Silver Industry Automatic Equipment Co.,Ltd. (SZSE:300293) from Zhongju International Co., Ltd. for approximately CNY 180 million on June 6, 2019. Under the terms, Shangao (Yantai) Zhuoyue Investment Center (Limited Partnership) will acquire 21.6 million shares at CNY 8.11 per share. Prior to the transaction, Shangao (Yantai) Zhuoyue Investment Center (Limited Partnership) held no stake and Zhongju International Co., Ltd. held 63.76 million shares amounting to 23.62% stake and after the transaction, Shangao (Yantai) Zhuoyue Investment Center (Limited Partnership) will hold 21.57 million shares amounting to 7.99% stake and Zhongju International Co., Ltd. will hold 42.19 million shares amounting to 15.63% stake in Shenyang Blue Silver Industry Automatic Equipment Co.,Ltd.