March 13,2012, Chengdu Tianxing Instrument & Meter Co., LTD. (000710) obtained No-comment Letter from China Securities Regulatory Commission ("CSRC") for a tender offer.

The acquirer, Shenzhen Rui Anda Industrial Co., LTD. purchased 40%, 22% and 16% of the shares of Chengdu Tianxing Instrument & Meter Group from China South Industry Group, Shenzhen Brand Investment and Chendu Tongde Pharmaceutical  Ltd.  As is the controlling shareholder of the listed Tianxing Instrument, the share acquisition triggered the obligation to make tender offer to all floating shareholders of the listed company but Tianxing Instrument & Meter Group.

Jingtian &Gongcheng represented the acquirer in the transaction.