According to Grimmie's announcement, the company signed a “property rights transaction contract” with Henan Investment Group to acquire 16.38% of the shares of its wholly-owned subsidiary Henan Recycling Group for 400 million yuan. After the transaction is completed, Henan Recycling Group will become the company's shareholding company and will not be included in the scope of the consolidated statement. This acquisition is the company's move to implement a circular industry strategy. It is in line with the country's trend of developing the circular industry. It will not adversely affect the company's financial situation or operating results, nor will it affect its independence. From January to September 2025, Henan Circulation Group had revenue of 673,049 million yuan and net profit of 1,626,200 yuan.

According to Grimmie's announcement, the company signed a “property rights transaction contract” with Henan Investment Group to acquire 16.38% of the shares of its wholly-owned subsidiary Henan Recycling Group for 400 million yuan. After the transaction is completed, Henan Recycling Group will become the company's shareholding company and will not be included in the scope of the consolidated statement. This acquisition is the company's move to implement a circular industry strategy. It is in line with the country's trend of developing the circular industry. It will not adversely affect the company's financial situation or operating results, nor will it affect its independence. From January to September 2025, Henan Circulation Group had revenue of 673,049 million yuan and net profit of 1,626,200 yuan.