Hefei Dingguan Electromechanical Engineering Co., Ltd. agreed to acquire Jiangsu Renrenfa Machinery Manufacturing Co., Ltd. from Jiangsu Zitian Media Technology Co., Ltd (SZSE:300280) for CNY 8.7 million on January 24, 2020. Post this share transfer completion, Jiangsu Zitian Media Technology Co., Ltd will no longer hold shares of Jiangsu Renrenfa Machinery Manufacturing Co., Ltd. Transaction has been approved by Jiangsu Zitian Media Technology Co., Ltd 3rd directorate in its 42nd meeting. Hefei Dingguan Electromechanical Engineering Co., Ltd. cancelled the acquisition of Jiangsu Renrenfa Machinery Manufacturing Co., Ltd. from Jiangsu Zitian Media Technology Co., Ltd (SZSE:300280) on January 23, 2021.