Yichang Urban Construction Investment Holding Group

Hubei Xingfa Chemicals Group and Yichang Urban Construction Investment Holding Group acquired Yichang Xingxing Bluesky Technology from Hubei Chuxing Chemical for CNY 87.6 million in January 2018. Hubei Xingfa acquired 49% for CNY 43 million and Yichang Urban Construction acquired 51% for CNY 44.7 million.