Shanxi Huhua Group announced that the company has signed the "Equity Transfer Framework Agreement of Hebei Tianning Chemical Co., Ltd." with the labor union committee of Hebei Tianning Chemical Co., Ltd., and intends to acquire no less than 51% equity of Tianning Company using self-raised funds. Currently, the equity transfer matter is still in the planning stage and will not have a significant impact on the company's production operation and performance. The final transaction price will be determined through negotiation between both parties, based on the report issued by intermediary Institutions.
壶化股份：拟以自筹资金收购天宁公司不低于51%股权
Shanxi Huhua Group plans to acquire no less than 51% equity of Tianning Company using self-raised funds.
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