Jiangxi Changsheng Engineering Quality Test Co., Ltd. signed a share transfer agreement to acquire Jiangxi Haoneng Smart City Technology Co., Ltd. from Shenzhen Sunwin Intelligent Co., Ltd. (SZSE:300044) for CNY 1 on January 12, 2017. As of December 31, 2016, Jiangxi Haoneng Smart City Technology Co., Ltd. had net assets of CNY 1.8 million and in 2016 Jiangxi Haoneng Smart City Technology had revenue of CNY 0 and net loss of CNY 3.6 million. The transaction does not need the approvals of Shenzhen Sunwin Intelligent Co., Ltd.’s directorate and shareholders. Jiangxi Changsheng Engineering Quality Test Co., Ltd. completed the acquisition of Jiangxi Haoneng Smart City Technology Co., Ltd. from Shenzhen Sunwin Intelligent Co., Ltd. (SZSE:300044) on January 17, 2017.