Hunan Xiangtou Holdings Group Co., Ltd. entered into an intentional agreement to acquire 16% stake in Changchun Sinoenergy Corporation (SHSE:600856) from Qingdao Zhongtai Botian Investment Consulting Co., Ltd. on September 19, 2018. The share transfer is subject to the approval of the Hunan Provincial State-owned Assets Supervision and Administration Commission. Hunan Xiangtou Holdings Group Co., Ltd. cancelled the acquisition of 16% stake in Changchun Sinoenergy Corporation (SHSE:600856) from Qingdao Zhongtai Botian Investment Consulting Co., Ltd. on September 19, 2019.