Hangzhou Flariant Co.,Ltd (SHSE:605566) agreed to acquire an additional 10% stake in Hangzhou Flariant Industry Co., Ltd from Yuan Qiang for CNY 2.5 million on July 15, 2023. As of April 30, 2023, Hangzhou Flariant Industry Co., Ltd reported total assets of CNY 220 million and total common equity of CNY 10.5 million.