DEA General Aviation Holding Co., Ltd. entered into an agreement to acquire 6% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from Gongqingcheng Xiangtai Investment Management Partnership Enterprise (Limited Partnership) for CNY 42 million on June 30, 2017. In related transactions, DEA General Aviation Holding Co., Ltd. will acquire 73.8% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from a group of sellers and will carry out a capital increase of CNY 95.4 million in Wuxi Hanhe Aviation Technology Co., Ltd. As of December 31, 2016, Wuxi Hanhe Aviation Technology Co., Ltd. reported total assets of CNY 73.7 million, net assets of CNY 55.4 million, and revenue of CNY 33.1 million, and net profit of CNY 7.3 million. DEA General Aviation Holding Co., Ltd. cancelled the acquisition of 6% stake in Wuxi Hanhe Aviation Technology Co., Ltd. from Gongqingcheng Xiangtai Investment Management Partnership Enterprise (Limited Partnership) on June 30, 2018.