Gansu Nongken Asset Management Co., Ltd. agreed to acquire 9.02% stake in Gansu Yasheng Industrial Co., Ltd. from YaSheng Group for CNY 0.
On August 1, 2014, it was announced that Gansu Nongken Asset Management Co., Ltd received approval from the State-owned Assets Supervision and Administration Commission of the State Council to acquire 9.02% stake in Gansu Yasheng Industrial (Group) Co., Ltd. (SHSE:600108).