Theindirect acquisition of the listed Shijiazhuang Baoshi Electronic Glass Co., Ltd. (stock code: 000413, 200413, hereinafter referred to as “Baoshi Glass”) by TungHsu Group was recently accomplished, following an approval from the SASAC on October 25 2011. Relevant parties had gone through equity ownership transfer procedures and informationalternation at the local administration of industry and commerce, before the deal was finally disclosed on November 18 2011 on the official website of the Shenzhen Stock Exchange, China Securities Journal, Hong Kong Commercial Daily and cninf.com.cn.

Tunghsu Group, the largest private-owned manufacturer of LED glass substrates in China, successfully gained control over the listedcompanyby acquiring 22.94% stake originally held by Shijiazhuang Baoshi Electronics Group Co., Ltd. (hereinafter referred to as “Baoshi Group”), the biggest shareholder of Baoshi Glass. Following the acquisition, Tunghsu Group would hold a 70% stake in Baoshi Group, with the remainder 30% owned by the SASAC of Shijiangzhuang. That is to say, Tunghsu would become the controllingstakeholder of Baoshi Group and the actual controller of Baoshi Glass.

Dacheng partners Shi Gang and Chen Shaopeng advised Tunghsu Group on the deal. They pioneered the issuance of legal opinions for Detailed Report on the Change of Equity Interests in an indirect acquisition project, winning recognition and praise from the Shenzhen Stock Exchange, relevant government agencies and all parties involved in the deal.