Guangdong Dynavolt Power Technology Co.,Ltd. (SZSE:002684) signed a framework agreement to acquire 70% stake in Shantou Mengshi Zhaocheng New Energy Automobile Technology Co., Ltd. from Guangdong-based industry group for CNY 11.2 million on January 10, 2013. Guangdong Dynavolt Power Technology Co.,Ltd. (SZSE:002684) signed share transfer agreement to acquire 70% stake in Shantou Mengshi Zhaocheng New Energy Automobile Technology Co., Ltd. from Guangdong-based industry group on February 2, 2013. The transaction is resolved by the Board of Dynavolt.