Dalian Pengcheng Investment Co., Ltd. signed an agreement to acquire 85.9% stake in Sanyo-Touchi (Shanghai) Rubber Co., Ltd. from Sanyo Trading Co., Ltd. (TSE:3176) on March 31, 2021. The financials of Sanyo-Touchi (Shanghai) Rubber for the financial year 2020 are total assets of CNY 20.8 million, net assets of CNY 9.11 million and revenues of 20.9 million. Dalian Pengcheng Investment Co., Ltd. completed the acquisition of 85.9% stake in Sanyo-Touchi (Shanghai) Rubber Co., Ltd. from Sanyo Trading Co., Ltd. (TSE:3176) on April 9, 2021.