Tianjin Dingxin Investment Partnership (Limited Partnership) agreed to acquire 51% stake in Qingdao Dakang Xuelong Animal Husbandry Co., Ltd. from Hunan Dakang International Food & Agriculture Co.,Ltd. (SZSE:002505) for CNY 43.4 million on December 29, 2018. Hunan Dakang International Food & Agriculture Co.,Ltd. will retain a 49% stake in Qingdao Dakang Xuelong Animal Husbandry Co., Ltd. Qingdao Dakang Xuelong Animal Husbandry Co., Ltd. reported total assets of CNY 78.4 million and net assets of CNY 77.8 million as on November 30, 2018. The transaction was approved by the Board of Hunan Dakang International Food & Agriculture Co.,Ltd.