Guangdong Jadiete Holdings Group Company Limited (SZSE:200168) entered into an agreement to acquire 49% stake in Shenzhen Zhongjin Yipin Jewelry Co., Ltd. from Zhongjin Yipin Investment Co., Ltd. for CNY 24.5 million on December 14, 2018. For the year ended December 31, 2017, Shenzhen Zhongjin Yipin Jewelry Co., Ltd. reported total assets of CNY 315.8 million, net assets of CNY 76.8 million, revenue of CNY 471 million, and operating profit of CNY 9.3 million. The transaction was approved at the 23rd meeting of the seventh directorate of Guangdong Jadiete Holdings Group Company Limited and does not need approval from its shareholders’ meeting.Guangdong Jadiete Holdings Group Company Limited (SZSE:200168) entered into an agreement to acquire 49% stake in Shenzhen Zhongjin Yipin Jewelry Co., Ltd. from Zhongjin Yipin Investment Co., Ltd. for CNY 24.5 million on December 14, 2018. For the year ended December 31, 2017, Shenzhen Zhongjin Yipin Jewelry Co., Ltd. reported total assets of CNY 315.8 million, net assets of CNY 76.8 million, revenue of CNY 471 million, and operating profit of CNY 9.3 million. The transaction was approved at the 23rd meeting of the seventh directorate of Guangdong Jadiete Holdings Group Company Limited and does not need approval from its shareholders’ meeting. Guangdong Jadiete Holdings Group Company Limited (SZSE:200168) cancelled the acquisition of 49% stake in Shenzhen Zhongjin Yipin Jewelry Co., Ltd. from Zhongjin Yipin Investment Co., Ltd. on December 14, 2019.