Liu Peng acquired Seiwa Electric Mfg. (Baotou) Co., Ltd from Seiwa Electric Mfg. Co.,Ltd. (TSE:6748) on November 13, 2013. Seiwa Electric Mfg. (Baotou) Co., Ltd. reported total assets of ¥56.9 million and total liabilities of ¥60.04 million for the quarter ending December 31, 2013.

Liu Peng completed the acquisition of Seiwa Electric Mfg. (Baotou) Co., Ltd from Seiwa Electric Mfg. Co.,Ltd. (TSE:6748) on November 13, 2013.