Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. (SHSE:600701) signed a letter of intent to acquire Jiangsu Hagong Yaoji Technology Co., Ltd. from Harbin Gongda Wisdom Factory Co., Ltd. and others on June 4, 2018. Under the terms of the transaction, Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. will issue shares and pay cash as consideration. The agreement is yet to be signed. In a related deal, Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. (SHSE:600701) signed a letter of intent to acquire 74.3% stake in Wuxi Unicomp Technology Co., Ltd. The transaction is subject to pre-approval from the Ministry of Industry and Information Technology of the People’s Republic of China and approval from the shareholders of Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. The transaction was approved by the Board of Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. on June 4, 2018. Datong Securities Co., Ltd acted as financial advisor to Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. Harbin Gong Da High-Tech Enterprise Development Co.,Ltd. (SHSE:600701) cancelled the acquisition of Jiangsu Hagong Yaoji Technology Co., Ltd. from Harbin Gongda Wisdom Factory Co., Ltd. and others as of June 4, 2019.