Yongtaiyun Chemical Logistics Co.,Ltd (SZSE:001228) agreed to acquire 60% stake in Tianjin Redox Logistics Corp., Ltd. from Tianjin Wolianfeng Enterprise Management Consulting Partnership (Limited Partnership) and Tianjin Century Runtong Business Consulting Co., Ltd. for CNY12.5 million on August 16, 2023. The thirteenth meeting of the second session of the board of directors held by Yongtaiyun Chemical Logistics Co.,Ltd on August 16, 2023, unanimously reviewed and approved the Proposal on the Acquisition of 60% Equity in Tianjin Redox Logistics Corp., Ltd.