HNA Equity Management Co., Ltd. agreed to acquire 67% stake in Zibo Jiafeng Mining Co., Ltd. from HNA Investment Group Co., Ltd. (SZSE:000616) for CNY 35 million on January 25, 2018. HNA Investment Group Co., Ltd. intends to sign an agreement with HNA Equity Management Co., Ltd. HNA Equity Management Co., Ltd. will acquire 67% stake for CNY 0 and creditor’s rights for CNY 35 million. The Board of Directors of HNA Investment Group Co., Ltd. approved the transaction on January 25, 2018.