Wuhu Conch Profiles and Science Co.,Ltd agreed to acquire 70% stake in Henan Zhonghengmei New Material Co., Ltd. from Beijing Kangcheng Borui Commercial Management Co., Ltd. for CNY 85.4 million.

Conch Anhui Energy Saving and Environment Protection New Material Co Ltd, formerly Wuhu Conch Profiles and Science Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of plastic profiles and doors and windows. The Company mainly operates in two segments. The Profile Products segment is mainly engaged in the production and sales of plastic profiles, aluminum profiles and profile door and window products. The Denitrification Products segment is principally engaged in the production and sales of selective catalytic reduction (SCR) denitration catalyst products. The Company's products mainly include profiles, system doors and windows, passive windows, silent windows, fire-resistant windows, roller shutters, shutters, SCR honeycomb catalysts and flat-plate catalysts. The Company mainly conducts its businesses in domestic and overseas markets.