Everton have completed a permanent deal for Chinese international Li Tie on a three-year contract.
The midfielder enjoyed an impressive loan spell at Goodison Park last season and now the Toffees have signed him for an undisclosed fee from Liaoning.
Li Tie had been set for a return to the Chinese club at the end of the last campaign after Everton baulked at the £1.5m asking price and Liaoning refused to sanction another year's loan deal.
Everton boss David Moyes was thought to be unwilling to pay more than £500,000 for the player.
However, a complicated deal was thrashed out - Liaoning general manager Zhang Shuguang said that they had eventually settled on a £1.2m fee, two-thirds of which is being
funded by Far East sponsorship.
"Some domestic clubs were willing to offer 20 million yuan
(£1.5m) to sign Li Tie. We didn't accept it as Li Tie is
willing to develop his career in Britain," said Zhang.
The China international arrived at Goodison Park last summer as part of a new sponsorship agreement.
And the 25-year-old's involvement has helped Everton expand their commercial interests in the Far East.
Li Tie is Everton's second capture of the summer, following the permanent signing of Joseph Yobo from Marseille for £3.5m.