Guizhou Fuqi Mining Co., Ltd. agreed to acquire a 49% stake in Guizhou Hengda Mining Holdings Co., Ltd from Sunwoda Electronic Co., Ltd. for CNY 200 million on September 8, 2023. Guizhou Chanhen Chemical Corporation parent of Guizhou Hengda Mining Holdings Co., Ltd at EGM approved by shareholders, and board of directors approved the transaction.