Dazhong (Hong Kong) International Co., Ltd. agreed to acquire 4.5% stake in Suchuang Gas Corporation Limited (SEHK:1430) from Greenland Financial Overseas Investment Group Co., Ltd. for HKD 89 million in cash on April 25, 2016. Dazhong (Hong Kong) International Co., Ltd. signed an equity acquisition agreement to acquire 4.5% stake in Suchuang Gas Corporation Limited (SEHK:1430) from Greenland Financial Overseas Investment Group Co., Ltd on May 10, 2016. The transaction does not need approval from the related governmental authorities. On April 25, 2016, this transaction was approved at the chairman’s meeting and the general manager’s meeting of Shanghai DaZhong Public Utilities (Group) Co., Ltd., Parent of Dazhong (Hong Kong) International Co., Ltd. Dazhong (Hong Kong) International Co., Ltd. completed the acquisition of 4.5% stake in Suchuang Gas Corporation Limited (SEHK:1430) from Greenland Financial Overseas Investment Group Co., Ltd. on May 10, 2016.