Shanghai Lujiazui Property Management Co., Ltd. agreed to acquire 35% stake in Shanghai Lujiazui B.Stem Real Estate Management Co., Ltd from Harima B-Stem Corp. (JASDAQ:9780) for CNY 6.3 million on February 24, 2016. The transaction was resolved by the Board of Harima B-Stem Corp. A contract is expected to be concluded on February 29, 2016 and the transaction is expected to complete in April 2016. Shanghai Lujiazui Property Management Co., Ltd. cancelled the acquisition of 35% stake in Shanghai Lujiazui B.Stem Real Estate Management Co., Ltd from Harima B-Stem Corp. (JASDAQ:9780) on February 24, 2017.