Hengtong Optic-electric Co., Ltd. (SHSE:600487) agreed to acquire remaining 28.57% stake in Guangde Hengtong Copper Co., Ltd. from Suzhou Hengtong Copper Co., Ltd. for CNY 20 million on January 3, 2014. Guangde Hengtong Copper reported total assets of CNY 340.9 million, net liabilities of CNY 35.27 million and net loss of CNY 7.8 million as at June 30, 2013.

Hengtong Optic-electric Co., Ltd. (SHSE:600487) cancelled the acquisition of remaining 28.57% stake in Guangde Hengtong Copper Co., Ltd. from Suzhou Hengtong Copper Co., Ltd. on January 3, 2015.