Shaanxi Coal and Chemical Industry Group Co., Ltd. signs framework agreement to acquire 25% stake in Jiangsu Dewei Advanced Materials Co., Ltd. (SZSE:300325) from Dewei Investment Group Co., Ltd. and Zhou Jianming on May 25, 2019. As per the transaction, Shaanxi Coal and Chemical Industry Group Co., Ltd. will acquire 251.4 million shares of Jiangsu Dewei Advanced Materials Co., Ltd. This agreement need to be submitted to the Shaanxi Provincial State-owned Assets Supervision and Administration Commission, the Anti-monopoly Bureau of the State Administration of Markets, and the Shenzhen Stock Exchange.