Guoen Co., Ltd. announced that the company signed an agreement with Lai Minggui and Sichuan China Fluorine Energy New Material Technology Co., Ltd. to acquire 80% of China Fluorine Energy's shares held by Lai Minggui in cash. After the transaction is completed, China Fluorine Energy will become a holding subsidiary within the scope of the company's consolidated statements. The transaction was reviewed and approved by the board of directors. There is no need to submit it to the shareholders' meeting for review, and it does not constitute a major asset restructuring or related transaction.

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.