Yihai Kerry Investments Co., Ltd. acquired an additional 7.5% stake in Yihai Kerry (Kunming) Foodstuffs Industries Co., Ltd from Kunming National Grain Storage Co., Ltd for CNY 7.8 million on August 27, 2018. Yihai Kerry (Kunming) Foodstuffs Industries was a direct 70% owned subsidiary of Yihai Kerry Investments. Yihai Kerry Investments Co., Ltd. completed the acquisition of an additional 7.5% stake in Yihai Kerry (Kunming) Foodstuffs Industries Co., Ltd from Kunming National Grain Storage Co., Ltd on August 27, 2018.