Jiangxi Selon Industrial Co., Ltd. (SZSE:002748) agreed to acquire remaining 45% stake in Jiangxi Selon New Materials Co., Ltd. from Yang Kunwu and Liao Shaoping for CNY 6.8 million on April 26, 2022. The transaction is approved by board of directors of Jiangxi Selon Industrial Co., Ltd.

Jiangxi Selon Industrial Co., Ltd. (SZSE:002748) completed the acquisition of remaining 45% stake in Jiangxi Selon New Materials Co., Ltd. from Yang Kunwu and Liao Shaoping on June 21, 2022.