Shenzhen Dayan Technology Industry Co., Ltd. signed an equity transfer agreement to acquire an additional 25% stake in Shenzhen Japser Capital Management Co., Ltd. from Nexgo Inc. (SZSE:300130) for CNY 500 million on November 13, 2017. For the year ended December 31, 2016, Shenzhen Japser Capital Management Co., Ltd. reported total assets of CNY 775.4 million, net assets of CNY 625.9 million, revenue of CNY 199.6 million, operating profit of CNY 111.5 million and net profit of CNY 81.7 million. The transaction is subject to approval from shareholders of Nexgo Inc. The Board of Nexgo Inc. approved the transaction. Shenzhen Dayan Technology Industry Co., Ltd. cancelled the acquisition of an additional 25% stake in Shenzhen Japser Capital Management Co., Ltd. from Nexgo Inc. (SZSE:300130) on November 13, 2018.