Gelonghui May 23 丨 Ancai High-Tech (600207playarcade.SH) AnnouncementplayarcadeIn order to properly resolve the potential horizontal competition between the company and related parties in the LNG/CNG business, the company plans to transfer its 100% equity interest in Henan Ancai Gas Co., Ltd.("Ancai Gas") and natural gas assets such as LNG/CNG ("Gas Assets") to Henan Investment Group Co., Ltd., the controlling shareholder of the company, through agreement transfer Henan Gas Group Co., Ltd.("Gas Group"), a wholly-owned subsidiary of "Henan Investment Group", has a total amount of 15.9907 million yuan in this related party transaction.