Gansu Energy and Chemical: Subsidiary company purchased trademarks from the controlling shareholder for 52.1947 million yuan.

date
07/08/2026
Gansu Energy Chemical announced that its wholly-owned subsidiary, Liu Chemical, will purchase 14 trademarks held by Liu Group, a company under its controlling shareholder, to ensure production operations and brand management. The transaction amount is 52.1947 million yuan, and Liu Chemical will pay using its own funds or bank loans. This trademark purchase constitutes a related-party transaction but does not constitute a significant asset restructuring. Liu Group reported revenues of 3.9661 million yuan and a net loss of 2.9278 million yuan for the period from January to March 2026. This transaction is expected to have no significant impact on the company's future financial status and operating results.