An unknown buyer agreed to acquire Jinrye Industrial Co., Ltd. from Chinyang Holdings Corp. (KOSE:A100250) on April 27, 2018. Under the terms of the transaction, Chinyang Holdings Corp. will transfer 0.04 million shares. For the year ended December 31, 2017, Jinrye Industrial reported total assets of KRW 1.5 billion and total capital of KRW 1.02 billion. The transaction was resolved by the Board of Chinyang Holdings Corp. on April 27, 2018. An unknown buyer completed the acquisition of Jinrye Industrial Co., Ltd. from Chinyang Holdings Corp. (KOSE:A100250) on April 30, 2018.