Shanghai Hesheng Asset Management Co., Ltd. signed a share acquisition agreement to acquire 15.38% stake in Shenzhen Luckyloong Futures Co., Ltd. from Zhonglu Co., Ltd. (SHSE:900915) for CNY 47.7 million on January 3, 2017. As at September 30, 2016, Shenzhen Luckyloong Futures Co., Ltd. reported total assets of CNY 479.4 million and net assets of CNY 107.25 million, and from January to September, 2016, revenue of CNY 25.87 million and net loss of CNY 2.81 million. The transaction was approved by the Board of Zhonglu Co., Ltd. in the 25th extraordinary meeting of the 8th directorate, is subject to the approval of China Securities Regulatory Commission and does not require the approval of Zhonglu Co., Ltd's shareholders.