YUANLI ACTIVE CARBON plans to acquire 100% equity of Tongsheng Co., Ltd. and will resume trading on July 25

According to the Zhitong Finance APP, YUANLI ACTIVE CARBON (300174.SZ) announced that the listed company plans to acquire 100% equity of Tongsheng Co., Ltd. from 11 trading parties including Lu Yuanfang, Li Wei, Chen Jiamiao, Yan Bin, Zheng Zhidong, Sanming Shaxian District Tongsheng Investment Partnership (Limited Partnership), Chen Yongxu, Yu Huihua, Chen Xinxin, Shen Jinkun, and Liang Jizhuan through the issuance of shares and cash payment. At the same time, it will issue shares to the actual controller of the listed company, Lu Yuanjian, to raise supporting funds. Tongsheng Co., Ltd. is a high-tech enterprise specializing in the research, production, and sales of silica, with a high industry reputation. Its products are widely used in various fields such as rubber, battery PE separators, toothpaste, feed additives, and coatings. The actual controllers of Tongsheng Co., Ltd. are Lu Yuanfang and Chen Jiamiao. Lu Yuanfang and the actual controller of the listed company, Lu Yuanjian, are siblings. The sodium silicate produced by YUANLI ACTIVE CARBON is an important raw material for the production of silica by Tongsheng Co., Ltd. In 2023 and 2024, Tongsheng Co., Ltd. purchased sodium silicate worth 5.119 million yuan and 12.3536 million yuan from YUANLI ACTIVE CARBON, respectively. The aforementioned transactions constitute regular related-party transactions. After the completion of this restructuring, the listed company will optimize its business layout by obtaining control of the target company. Both parties will further enhance their ability to sustain the development of their main business through synergy in upstream and downstream industrial chain operations and complementary advantages, which will help accelerate the strategic business layout of the listed company in the silica field and bring new performance growth points. At the same time, it will help reduce the listed company's regular related-party transactions, avoid potential competition in the same industry, and improve the independence of the listed company's business and operations. According to the company's application, the company's stock will resume trading on July 25, 2025 (Friday) at the market opening