Shenzhen Tianhe Tongxin Investment Co., Ltd. agreed to acquire ZEROTECH (Beijing) Intelligence Technology Co., Ltd from Shenzhen Rapoo Technology Co., Ltd. (SZSE:002577) for CNY 50 million on April 26, 2018. CNY 35 million will be paid within 5 days since signing of the relevant agreement and another CNY 15 million will be paid within 5 days since completion of change of registry procedures. After the transactions, Shenzhen Rapoo Technology Co., Ltd will no longer hold any equity in ZEROTECH. In a related transaction, Shenzhen Tianhe Tongxin Investment Co., Ltd. agreed to acquire Suzhou Yunzhi Interactive Technology Co Ltd from Shenzhen Rapoo Technology Co., Ltd. (SZSE:002577) for CNY 15 million on April 26, 2018. ZEROTECH (Beijing) reported total assets of CNY 226.9 million, net liabilities of CNY 14.7 million, operational income of CNY 77.1 million and net loss of CNY 50.1 million as of December 31, 2017. Deal was approved by the 11th meeting of the 3rd directorate of Shenzhen Rapoo Technology.