Recently, Mongolia Investment had announced its acquisition plan in mainland China. Money transfer (RMB 40 million as the prepayment) would be made to the beneficiary Zhao Yongli on 12^thDecember. The successful completion of the acquisition, however, depends on a number of preconditions sited within the contract, therefore, no certainties of the acquisition yet.
        
Announcement was made last month by the corporate that an indirect acquisition plan concerning 55% of the LEDST’s shares at a price of RMB 0.264 bn was going on. LEDST is specialized in the R&D, manufacturing and processing of LED appliances in China.