Shenzhen Absen Optoelectronic Co., Ltd. (SZSE:300389) signed a share transfer agreement to acquire 60% stake in Viss Lighting (Shenzhen) Co., Ltd. from Zhong Zaibo and Zhang Wenxia for CNY 24 million on January 9, 2015. Absen will acquire 50% stake from Zhong Zaibo and 10% stake from Zhang Wenxia. After the acquisition, Zhong Zaibo will own 40% stake, Zhang Wenxia will no longer own any stake in Viss.

Shenzhen Absen plans to use its own funds to acquire stake in Viss Lighting. As of October 31, 2014, Viss's total assets are CNY 16.49 million and shareholder's equity is CNY 9.39 million.