Chengdu Zhongcheng Taiye Technology Co., Ltd signed the stake transfer intent agreement to acquire 25.10% stake in Steyr Motors Corp. (SZSE:000760) from Ningbo Lirui Equity Investment Partnership Enterprise (Limited Partnership), Ningbo Beixin Equity Investment Partnerdhip Enterprise (Limited Partnership), Changsha Zeming Venture Capital Partnership Enterprise (Limited Partnership) and Zhuhai Runlin Venture Capital Partnership Enterprise (Limited Partnership) for CNY 1.9 billion on January 4, 2018. Under the terms, Chengdu Zhongcheng Taiye Technology Co., Ltd will acquire 197.88 million shares at CNY 9.50 per share. Ningbo Lirui Equity Investment Partnership Enterprise (Limited Partnership) will sell 40 million shares, Ningbo Beixin Equity Investment Partnerdhip Enterprise (Limited Partnership) will sell 43 million shares, Changsha Zeming Venture Capital Partnership Enterprise (Limited Partnership) will sell 73.4 million shares and Zhuhai Runlin Venture Capital Partnership Enterprise (Limited Partnership) will sell 41.5 million shares in Steyr Motors Corp. In related transaction, Ningbo Lirui Equity Investment Partnership Enterprise (Limited Partnership), Ningbo Beixin Equity Investment Partnerdhip Enterprise (Limited Partnership), Changsha Zeming Venture Capital Partnership Enterprise (Limited Partnership) and Zhuhai Runlin Venture Capital Partnership Enterprise (Limited Partnership) have terminated the stake transfer agreement with Qingdao Zhongyin Jiufang Equity Investment Partnership Enterprise (Limited Partnership).