Jiangxi Black Cat Carbon BlackBlack Cat Co. sold its 20% stake in Inner Mongolia Lianhe, losing control and potential future benefits.

Lianchuang Co. has acquired a 20% stake in Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd. held by Black Cat Co. through a public delisting process, with a transaction price of 61.8511 million yuan. Black Cat Co. had previously listed the stake for public transfer on the Jiangxi Property Rights Exchange on May 16, and Lianchuang Co. recently received a transaction result notice confirming it as the transferee. After the completion of this transaction, Inner Mongolia Lianhe will become a wholly-owned subsidiary of Lianchuang Co., but it will not lead to changes in the company's consolidated financial statements.
Jiangxi Black Cat Carbon BlackBlack Cat Co. sold its 20% stake in Inner Mongolia Lianhe, losing control and potential future benefits.
Lecron Energy Saving MaterialsInner Mongolia Lianhe becomes a wholly-owned subsidiary of Lianchuang Co., potentially streamlining operations.