Sichuan Lutianhua (000912.SZ) plans to absorb and merge its wholly-owned subsidiary Luyuan Alcohol Industry.

Sichuan Lutianhua (000912.SZ) announced that, in order to optimize the company's industrial chain layout and improve operational efficiency, the company plans to absorb and merge its wholly owned subsidiary Sichuan Lutianhua Green Source Alcohol Co., Ltd. (referred to as "Green Source Alcohol"). After the completion of this absorption and merger, Green Source Alcohol's independent legal status will be cancelled according to law, and it will be managed by the company's workshop.