Wuhan Tianyuan (301127.SZ) subsidiary plans to acquire 100% equity of Jiangsu Kairun Hydrogen Energy to optimize layout.

Zhitong Financial APP News, Wuhan Tianyuan (301127.SZ) announced that its wholly-owned subsidiary Jiangsu Green Dongfang Hydrogen Energy Technology Co., Ltd. ("Jiangsu Hydrogen Energy Technology") plans to acquire 100% equity of Jiangsu Kairun Hydrogen Energy Co., Ltd. ("Jiangsu Kairun Hydrogen Energy") held by the company's controlling subsidiary Wuhan Tianyuan Energy Co., Ltd. ("Tianyuan Energy") for a consideration of 30.49 million yuan. This transaction involves the company's wholly-owned subsidiary purchasing assets from the company's controlling subsidiary, which will be beneficial in achieving the overall planning and layout optimization of Jiangsu Hydrogen Energy Technology.