Yunnan Yuntianhua announced that its wholly-owned subsidiary TIAN AN Chemical intends to purchase the land, buildings, and some fixed assets held by Kunming Nioumi, with an assessed value of 0.126 billion yuan. This Trade constitutes a related party transaction but does not constitute a major asset restructuring and does not meet the shareholder meeting review standards. The source of the trading funds is TIAN AN Chemical's own funds. The purchased Assets will be used to build a research and development innovation base at Yunnan Yuntianhua Research Institute to enhance the utilization of research and development resources and improve research and development efficiency.