China Aviation Lithium Battery (Jiangsu) Co., Ltd. agreed to acquire 45% stake in China Aviation Lithium Battery Co., Ltd. from Sichuan Chengfei Integration Technology Corp.Ltd (SZSE:002190) for CNY 1.1 billion on May 7, 2019. For the year ended December, 2018, China Aviation Lithium Battery Co., Ltd. reported total assets of CNY 7.5 billion, owners' equity of CNY 3.8 billion, revenue of CNY 1.2 billion, net loss of approximately CNY 700 million. China Aviation Lithium Battery (Jiangsu) Co., Ltd. cancelled the acquisition of 45% stake in China Aviation Lithium Battery Co., Ltd. from Sichuan Chengfei Integration Technology Corp.Ltd (SZSE:002190) on May 6, 2020.