SCIG Information Industry Investment Co., Ltd. signed a share transfer framework agreement to acquire 6.36% stake in NetPosa Technologies, Ltd. (SZSE:300367) from Liu Guang on March 26, 2019. SCIG Information Industry Investment Co., Ltd. signed a share transfer agreement to acquire 6.36% stake in NetPosa Technologies, Ltd. from Liu Guang for approximately CNY 680 million on April 4, 2019. Under the terms of transaction, SCIG Information Industry Investment Co., Ltd. will acquire 54.4 million shares for CNY 12.53 per share from Liu Guang. Upon completion, SCIG Information Industry Investment Co., Ltd. will hold 7.48% stake, Liu Guang will hold 19.93% stake in NetPosa Technologies, Ltd. On May 27, 2019, State-owned Assets Supervision and Administration Commission of Sichuan Province approved the transaction. SCIG Information Industry Investment Co., Ltd. completed the acquisition of 6.36% stake in NetPosa Technologies, Ltd. (SZSE:300367) from Liu Guang on June 28, 2019. After the completion of the share transfer registration, SCIG Information Industry Investment Co., Ltd. directly hold 63.8 million shares of the company, accounting for 7.4811% of NetPosa Technologies, Ltd.