SUNA Co.,Ltd (SZSE:002417) signed an agreement to acquire an additional 30% stake in Guangzhou MC Computer Science and Technology Co., Ltd. from Zhu Yuebiao, Miao Kunmin, and Xu Jingjing for CNY 90 million on August 27, 2019. Under the agreement, SUNA Co.,Ltd will acquire 22.8%, 5.7% and 1.5% stake from Zhu Yuebiao, Miao Kunmin, and Xu Jingjing respectively. Post completion, Zhu Yuebiao, Miao Kunmin, and Xu Jingjing will hold 14.44%, 3.61% and 0.95% respectively while SUNA Co.,Ltd will hold 81% stake in Guangzhou MC Computer Science and Technology Co., Ltd. For the period ended December 31, 2018, Guangzhou MC Computer Science and Technology Co., Ltd. has reported total assets of CNY 139 million, total liabilities of CNY 63.04 million, net assets of CNY 75.96 million, revenue of CNY 184.82 million, operating profit of CNY 35.04 million and net profit of CNY 30.19 million. The Board of Directors of SUNA Co.,Ltd has approved the transaction and its shareholder's approval is not required. SUNA Co.,Ltd (SZSE:002417) cancelled the acquisition of an additional 30% stake in Guangzhou MC Computer Science and Technology Co., Ltd. from Zhu Yuebiao, Miao Kunmin, and Xu Jingjing on August 27, 2020.