Heyuan Gas announced that the company previously disclosed that Xingyuan Fund plans to increase capital to its holding subsidiary and Yuanxin Materials, and that the company relinquishes priority capital increase rights. Due to the restructuring of Xingyuan Fund Group, the company plans to acquire 10.8857% of its shares in Heyuan New Materials with about 227 million yuan in cash and 0.0083% of Wuhan Changniu's shares for about 173,500 yuan. The transaction was reviewed and approved by the 21st meeting of the 5th board of directors, and there is no need to submit it to the company's shareholders' meeting for review; after the transaction is completed, the company's shareholding ratio will increase from 73.3121% to 84.2061%.

Heyuan Gas announced that the company previously disclosed that Xingyuan Fund plans to increase capital to its holding subsidiary and Yuanxin Materials, and that the company relinquishes priority capital increase rights. Due to the restructuring of Xingyuan Fund Group, the company plans to acquire 10.8857% of its shares in Heyuan New Materials with about 227 million yuan in cash and 0.0083% of Wuhan Changniu's shares for about 173,500 yuan. The transaction was reviewed and approved by the 21st meeting of the 5th board of directors, and there is no need to submit it to the company's shareholders' meeting for review; after the transaction is completed, the company's shareholding ratio will increase from 73.3121% to 84.2061%.