Guangdong Haid Group Co., Limited (SZSE:002311) signed a share transfer agreement to acquire remaining 40% stake in Dalian Haida Guize Trading Co., Ltd. from Shanghai Guize Trading Co., Ltd. for CNY 20 million on January 24, 2015. Guangdong Haid Group will use own funds for the transaction. After this transfer, Guangdong Haid Group will own 100% stake in Dalian Haida. As of September 30, 2014, Dalian Haida had total assets of CNY 248.18 million, total liabilities of CNY 96.2 million and total owner's equity of CNY 151.98 million.

Guangdong Haid Group Co., Limited (SZSE:002311) cancelled the acquisition of remaining 40% stake in Dalian Haida Guize Trading Co., Ltd. from Shanghai Guize Trading Co., Ltd. on January 24, 2016.