Jiangxi Lianchuang Optoelectronic Science And Technology Co., Ltd. (SHSE:600363) agreed to acquire 54% stake in Ji'an Changhong Electrical Wire & Cable Co., Ltd from its nine individual investors including Chen Jianxin, Yuan Zuoshuo and Li Lihui for CNY 30 million on January 20, 2013. The transaction has been approved by the Board of Directors Jiangxi Lianchuang Optoelectronic.