In the announcement of Huaci Co., Ltd., the company acquired 20% equity of Jiangxi JinHuan Pigment Co., Ltd. held by Hunan JinHuan Pigment Co., Ltd. for 40 million yuan. This transaction does not constitute a related party transaction or a major assets reorganization. After the transaction is completed, Huaci Co., Ltd. will hold 20% equity of Jiangxi JinHuan.
华瓷股份：以4000万元收购江西金环20%股权
Huaci Co., Ltd.: Acquires 20% equity of Jiangxi JinHuan with 40 million yuan.
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