Shenzhen Xinchuang Green Energy Investment Co., Ltd. agreed to acquire an unknown stake in DiShangTie Car Rental (Shenzhen) Co. Ltd. from Shenzhen Clou Electronics Co., Ltd. (SZSE:002121) for CNY 17.6 million on September 13, 2018. Under the terms of the transaction, Shenzhen Clou Electronics Co., Ltd. will transfer investment amount of CNY 1.9 million and will hold investment amount of CNY 13.05 million upon completion. For the year ended December 31, 2017, DiShangTie Car Rental (Shenzhen) Co. Ltd. reported total assets of CNY 1.3 billion, net assets of CNY 116.7 million, revenue of CNY 326.1 million, operating loss of CNY 11.9 million and net loss of CNY 12.2 million. The transaction was approved by the 47th session of the 6th directorate meeting of Shenzhen Clou Electronics Co., Ltd. Shenzhen Xinchuang Green Energy Investment Co., Ltd. cancelled the acquisition of an unknown stake in DiShangTie Car Rental (Shenzhen) Co. Ltd. from Shenzhen Clou Electronics Co., Ltd. (SZSE:002121) on September 13, 2019.