Liu Shilan agreed to acquire remaining 51% stake in Datong Gifore Agricultural Machinery Co., Ltd. from Gifore Agricultural Machinery Chain Co.,Ltd. (SZSE:300022) for CNY 2.5 million on January 29, 2016. After the transaction, Liu Shilan will own 100% stake in Datong Gifore Agricultural Machinery. As of September, 2015, Datong Gifore Agricultural Machinery had total assets of CNY 48.41 million, total liabilities of CNY 47.2 million and total owners’ equity of CNY 1.21 million. The equity transfer has been approved by Board of Directors of Gifore Agricultural Machinery Chain and does not need the approval of the shareholders. Liu Shilan cancelled the acquisition of remaining 51% stake in Datong Gifore Agricultural Machinery Co., Ltd. from Gifore Agricultural Machinery Chain Co.,Ltd. (SZSE:300022) on January 29, 2017.