GD Midea Holding Co., Ltd. (SZSE:000527) signed an agreement of intent to acquire 18.04% shares in Springer Carrier Ltda. from Springer S.A. (BOVESPA:SPRI5) for approximately BRL 120 million on August 12, 2011. On November 8, 2011 GD Midea Holding Co. and Springer signed the contract for sale and purchase of shares.

GD Midea Holding Co., Ltd. (SZSE:000527) cancelled the acquisiition of 18.04% shares in Springer Carrier Ltda. from Springer S.A. (BOVESPA:SPRI5) on August 12, 2012.