Dongyang Lingke Film and Television Planning Co., Ltd. signed an agreement to acquire Shanghai Blink Pictures Film and Television Production Co., Ltd. from Zhejiang Talent Television and Film Co., Ltd. (SZSE:300426) for CNY 4.2 million on December 20, 2019. This transaction was approved by the 34th session of the company’s 3rd directorate. As of December 31, 2019, Shanghai Blink Pictures Film and Television Production reported net assets of CNY 6.33 million, total assets of CNY 20.92 million, revenue of CNY 7.46 million and net loss of CNY 3.8 million. Dongyang Lingke Film and Television Planning Co., Ltd. cancelled the acquisition of Shanghai Blink Pictures Film and Television Production Co., Ltd. from Zhejiang Talent Television and Film Co., Ltd. (SZSE:300426) on December 20, 2020.