Luoyang Glass Company Limited (SEHK:1108) entered into cooperation framework agreement to acquire an unknown majority stake in Triumph Jinghua Glass Co., Ltd. from Triumph Glass Holding Co. Ltd on December 30, 2020. In a related transaction, Luoyang Glass Company Limited entered into a cooperation framework agreement to acquire a majority stake in Qinhuangdao North Glass Co., Ltd. from China Yaohua Glass Group Corporation. The transaction is subject to the Cooperation Framework Agreement II has been signed by the respective legal representatives or authorized representatives of Triumph Holding and Luoyang Glass Company Limited and sealed with their respective official seals, the matters regarding the cooperation referred to in the Cooperation Framework Agreement II have been approved by the competent authority of Triumph Holding and the matters regarding the cooperation referred to in the Cooperation Framework Agreement II have been approved by the competent authority of Luoyang Glass Company Limited. Luoyang Glass Company Limited (SEHK:1108) cancelled the acquisition of majority stake in Triumph Jinghua Glass Co., Ltd. from Triumph Glass Holding Co. Ltd on June 7, 2021.