China Investment Development Limited (SEHK:204) entered into memorandum of understanding to acquire Shenzhen Bao Di Si Technologies Co., Ltd. from Sun Dong on January 17, 2014. Under the terms of agreement, a deposit of HKD 9 million will be paid within three working days from the signing of the memorandum of understanding. The agreement will be entered into within ten business days upon completion of satisfactory due diligence review on Shenzhen Bao Di Si.

China Investment Development Limited (SEHK:204) cancelled the acquisition of Shenzhen Bao Di Si Technologies Co., Ltd. from Sun Dong on January 17, 2015.