According to the China Rare Color announcement, the company transferred 37% of its shares in Guangdong Dongdianhua Guangsheng Rare Earth High-tech Materials Co., Ltd. through public listing. The listing price was not less than 141.752 million yuan. Eventually, it was collected to the sole intended recipient, Fangdong Electrochemical Investment Co., Ltd., with a transaction price of 141.752 million yuan. On September 23, 2026, the parties to the transaction signed a formal property rights transaction contract. After the transaction is completed, the company will no longer hold shares in Dongdian Chemical Company. This transaction does not constitute a related transaction or major asset restructuring.

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.