Hangzhou Personal Care Co., Ltd. has announced its plan to acquire the core assets of Elleair (Nantong) located in Nantong Economic and Technological Development Zone, Jiangsu Province, with a transaction amount of 266 million yuan or $1.5 million The core assets include the land use rights, factory buildings, and 11 baby diaper production lines. Following the completion of this transaction, the production business of the well-known brand “G00.N” baby diapers under Nantong Elleair will be outsourced to contract manufacturers such as Haoyue for processing.