YuanCheng Co., Ltd. (002692.SZ): Recently planning to acquire control of a materials company in the clean energy sector using self-raised funds.

Zhitong Finance APP News: YuanCheng Co., Ltd. (002692.SZ) issued a supplementary announcement regarding the announcement on abnormal fluctuations in stock trading, stating that the company is recently planning to acquire control of a certain enterprise (referred to as the "target company") using self-raised funds. The target company is mainly engaged in the research and development, production, and sales of materials in the clean energy sector. This transaction is still in the planning stage. The equity of the transaction target belongs to state-owned property rights and requires procedures such as state-owned asset audit, evaluation, evaluation filing/approval, and public listing and bidding on the exchange.