Jiangsu Lianyungang Chemical Industrial Park Investment Development Group Co., Ltd. agreed to acquire Lianyungang Yabang Heat Supply Co., Ltd. from Jiangsu Yabang Dyestuff Co., Ltd. (SHSE:603188) for CNY 520 million on October 16, 2023. Lianyungang Yabang Heat Supply Co., Ltd. reported total assets of CNY 352.02 million and net assets of CNY 299.33 million on June 30, 2023. Jiangsu Yabang Dyestuff Co., Ltd. (SHSE:603188) board of directors approved the transaction and does not need the Shareholders?

Approval. Jiangsu Lianyungang Chemical Industrial Park Investment Development Group Co., Ltd. acquire Lianyungang Yabang Heat Supply Co., Ltd. from Jiangsu Yabang Dyestuff Co., Ltd. (SHSE:603188) on December 22, 2023.