CNNC Hua Yuan Titanium Dioxide Co., Ltd (SZSE:002145) agreed to acquire Guizhou Kaiyang Shuangyang Phosphate Co., Ltd. from Guizhou Xinxin Material Technology Group Co., Ltd., Guizhou Xinguangye Enterprise Management Partnership Enterprise (Limited Partnership), Chen Longping and Ming Qiang for CNY 478.1 million on August 15, 2023. This transaction has been reviewed and approved at the thirteenth (extraordinary) meeting of the seventh board of directors of the company. For the period ended May 2023, Total assets were of CNY 271 million and net assets were of CNY 146 million.