Uni Core Holdings Corporation signed a memorandum of understanding to acquire a 51% stake in Prosperous Agriculture Limited Company from Wang Fei, Wu Qiang, Zhao Jing Jing on November 24, 2009. Uni Core Holdings will issue 11 million shares and cash as consideration. A formal agreement will be signed on the basis of the due diligence investigation.

Uni Core Holdings Corporation entered into to a cooperation agreement to acquire 51% stake in Prosperous Agriculture Limited Company from Wang Fei, Wu Qiang, Zhao Jing Jing for $42.4 million in cash and stock on December 21, 2009. As consideration, Uni Core Holdings will issue 4 million shares of its common stock for 21% stake and will issue 7 million shares of its common stock for remaining 30% stake. Uni Core Holdings will also invest $40 million for the convertible bonds of Prosperous Agriculture which will be converted as the equity of Prosperous Agriculture when Prosperous Agriculture will be spun off and will apply to go public in 2012. The investment will be made depending upon sales revenue achieved by Prosperous Agriculture.

Uni Core Holdings Corporation completed the acquisition of a 21% stake in Shaanxi Prosperous Agriculture Limited Company on December 24, 2010. The deal was approved by the Chinese Government. On January 18, 2011, Board of Uni Core Holdings Corporation approved issue of shares to Wang Fei, Wu Qiang, Zhao Jing Jing, China Equity Platform Holding Group Limited and Star Fair Ventures Corporation. On January 23, 2012, Chinese Government approved the stake increase from 21% to 51%.

Uni Core Holdings Corporation completed the acquisition of 51% stake in Prosperous Agriculture Limited Company from Wang Fei, Wu Qiang, Zhao Jing Jing on June 30, 2013.