DEA General Aviation Holding Co., Ltd (SZSE:002260) entered into an agreement to acquire 73.8% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from Shen Jianwen, Zhang Shuo, Sun Zhaoxiang, Wuxi Xiangyun Investment Management Partnership (Limited Partnership) and Wuxi Yixiang Investment Management Partnership (Limited Partnership) on June 30, 2017. As per the terms, Shen Jianwen will sell 18.19% stake, Zhang Shuo will sell 4.37% stake, Sun Zhaoxiang will sell 27.72% stake, Wuxi Xiangyun Investment Management Partnership (Limited Partnership) will sell 6.72% stake and Wuxi Yixiang Investment Management Partnership (Limited Partnership) will sell 16.8% stake in Wuxi Hanhe Aviation Technology. In related transactions, DEA General Aviation Holding Co., Ltd. will acquire 6% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from Gongqingcheng Xiangtai Investment Management Partnership Enterprise (Limited Partnership) for CNY 42 million and will carry out a capital increase of CNY 95.4 million in Wuxi Hanhe Aviation Technology Co., Ltd. As of December 31, 2016, Wuxi Hanhe Aviation Technology Co., Ltd. reported total assets of CNY 73.7 million, net assets of CNY 55.4 million, revenue of CNY 33.1 million and net profit of CNY 7.3 million. DEA General Aviation Holding Co., Ltd (SZSE:002260) cancelled the acquisition of 73.8% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from Shen Jianwen, Zhang Shuo, Sun Zhaoxiang, Wuxi Xiangyun Investment Management Partnership (Limited Partnership), and Wuxi Yixiang Investment Management Partnership (Limited Partnership) on June 30, 2018.