Zhejiang Zhijian Investment Management Co., Ltd. and Beijing Fenghui Yugan Technology Co., Ltd. agreed to acquire 44% stake in Sichuan Tiantie Wangxi Technology Development Co., Ltd. from Zhejiang Tiantie Industry Co., Ltd. (SZSE:300587) on October 25, 2018. The transaction is approved by the Board of Zhejiang Tiantie Industry Co., Ltd.