Shandong Guohai Chemical Co., Ltd entered into agreement to acquire branch carbon-white plant assets of Shandong Haihua Company Limited (SZSE:000822) for CNY 55.7 million on February 28, 2018. Shandong Guohai Chemical Co., Ltd completed the acquisition of branch carbon-white plant assets of Shandong Haihua Company Limited (SZSE:000822) on March 16, 2018.