Zhejiang Talent Television & Film Company Limited (SZSE:300426) agreed to acquire 60% stake in Zhejiang Jialu Film and Television Culture Co., Ltd. from Wei Zi, Zhou Haixia and Ning Wentong for CNY 3 in cash on December 3, 2015. As on December 4, 2015, Zhejiang Talent Television & Film Company Limited signed a stake transfer agreement for the acquisition. The transaction was approved by the Board of Zhejiang Talent Television & Film Company Limited. Zhejiang Talent Television & Film Company Limited (SZSE:300426) cancelled acquisition of 60% stake in Zhejiang Jialu Film and Television Culture Co., Ltd. from Wei Zi, Zhou Haixia and Ning Wentong on December 3, 2016.