On July 2014 17, suning universal's Suning Cultural Industry Co., Ltd. and Shanghai Hong Ting Film Co., Ltd. signed an acquisition framework agreement. Suning Cultural Industry Co., Ltd. contributed no more than 2,865,438 million yuan by absorbing some old shares and issuing new shares, accounting for 5 1% of the shares of Hong Ting Film after capital increase and share expansion. The acquisition marks the official entry of suning universal into the cultural film and television industry. In the spring of 20 13, Zhang Guiping led his suning universal Group into modern and efficient agriculture. On April 3rd and May 28th, the governments of Yixing and Wuxi signed a contract with suning universal Group to build a modern agricultural industrial park. The project integrates a flower and seedling planting base, an electronic trading center for agricultural and sideline products, a modern and efficient agricultural demonstration zone, a rural tourism resort and a comprehensive supporting service zone, and aims to become a national agricultural production and management system innovation experimental zone, a national new rural construction demonstration zone, a national modern agricultural transformation and development pioneer zone, and a combination zone of social capital and new rural construction.