On July 31st 2013, YTH Co. Ltd announced that its subsidiary Chongqing Polycomp International Corporation (hereafter referred as "CPIC") would acquire 60% interest of Abahsain Fiber Glass (AFG) in Bahrain at a purchasing price of 35 million USD dollars. Upon closing of the transaction, CPIC and Abahsain Group will increase 12.5 million USD dollars as the capital based on the proportion of their equity share.

CPIC was founded in 1991 and currently the world’s third biggest fiberglass manufacturer. Abahsain Fiber Glass was founded in 2009 and is currently the only fiberglass manufacturer in Middle East.

CPIC engaged Dragon Wings as its financial advisor in this transaction.