Shanghai Jahwa United Co., Ltd. (SHSE:600315) will look for mergers and acquisitions. Alex Pan, Chairman and Chief Executive Officer said said "At a certain time in the future, if there is such possibility in the industry, or we think that there is consumer RTB of some brands that can match our existing brands with enough differentiation and classification that can bring us strategic increment, we will still consider opportunities for mergers and acquisitions or cooperation".