Recently, UBlok New Materials Co., Ltd. signed a share transfer agreement with Huaren (Huzhou) Holdings Co., Ltd., acquiring all the shares held by the latter in Chongqing Qidian New Building Materials Co., Ltd. After the successful transfer, UBlok becomes the controlling shareholder of the company.

Chongqing Qidian Building Materials is separated from Chongqing Qijiang UBlok by just a wall. This merger and acquisition will further enhance UBlok's market share in Chongqing; the two factories can achieve full synergy in management, product structure, and technology, enhancing the company's competitiveness.

In recent years, the company has focused on the core economic regions of the country, continuously optimizing the capacity structure and regional layout. The company adheres to the development strategy of "graft resources, lean forward," and continuously enhances its competitiveness through means such as technological innovation, lean operations, resource synergy, and product upgrades. At the same time, it actively implements the "dual carbon" strategy, improves the level of green manufacturing, and contributes to the sustainable development of the industry.