Yuntu Holdings announced that Yingcheng Chemical Company, a wholly-owned subsidiary of the company, plans to establish a joint resource company with Zangge International in Singapore. Yingcheng Chemical Company holds 25% of the shares and Zangge International holds 75% of the shares; United Resources plans to acquire 92% of KP's shares for US$171 million, with a corresponding total investment amount of US$42.7616 million. The company held a board of directors on September 16, 2026 to review and pass the relevant proposals.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.