Changzhi Sheng'an Chemical Technology

Huhua Group (003002.SZ) and its subsidiary Sheng'an Technology jointly acquired 51% of Shanxi Quansheng Chemical Co., Ltd. from Datong Dongchang Industrial Co., Ltd. for a total of CNY 102 million. Huhua acquired 26% for CNY 52 million, and Sheng'an acquired 25% for CNY 50 million.