China Reform Culture Plans to Sell 65% Stake in New Material Unit

China Reform Culture Holdings Co Ltd, formerly Shanghai 3F New Materials Co Ltd, is a China-based company mainly engaged in cultural and educational businesses. The Company operates two main businesses. The culture and education business focuses on investment and construction, financial services, operation and maintenance in the education informatization field. The vocational education business focuses on the field of integration of production and education, uses digital technology to create training laboratory products and provides supporting services, and provides colleges and universities with practical teaching solutions that synchronize with industrial development.