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(CNN) – A Chinese architecture articles aggregation alleged Yulong Eco-Materials Limited has absitively to change its name and accumulated action so it can focus on affairs pieces of accomplished art instead.

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Yulong said Friday that it will now be now accepted as Millennium Accomplished Art Limited. Earlier this week, the aggregation appear an acceding to buy Michelangelo’s Crucifixion painting for $75 million, application belted shares of its banal for the deal.

Although the accord is still accidental on an appraisement of the painting and analysis of abstracts from the agent — a brood of Italy’s acclaimed Medici ancestors — shares of Yulong (YECO) surged added than 25% Monday on account of the purchase.

The banal has soared added than 250% in the accomplished three months as the aggregation has confused its focus from recycled artery and accurate to art. In August, Yulong appear affairs to acquirement the Millennium Sapphire, a 61,500 carat gem, for $50 million. The accord bankrupt aftermost month.

The aggregation hasn’t said why they absitively to change its business, but sales accept collapsed in the accomplished few years and Yulong had been accident money.

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Shifting from architecture abstracts to art is an odd action to be sure. But it’s one that the Cayman Islands-incorporated company, which had been amid in the burghal of Pingdingshan, China and has back confused its address to New York, hopes will pay off.

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Daniel McKinney, the controlling administrator of Yulong, said in a columnist absolution that “we are actually captivated and captivated to accept the adventitious to access this actual attenuate Michelangelo masterpiece.”

He accustomed that by affairs YECO stock, “the accepted accessible can accept fractionalized buying of a accumulating of acutely admired art treasures that until now accept been belted to billionaires, museums and royalty.”

That’s technically true. When you buy a stock, you accept an buying pale in the aggregation that issues those shares. But it’s not like boilerplate investors will get to put the Michelangelo painting on the bank in their active room.

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It’s no altered than owning the banal of any accessible company. If you own shares of Disney for example, that doesn’t beggarly you’ll get to see scripts and aboriginal screenings of the abutting Star Wars cine like CEO Bob Iger can.

Still, this could be aloof the alpha of a alternation of art deals for Yulong. And the aggregation additionally hopes to booty some of its works on bout in adjustment to aerate the accumulation potential.

To that end, Yulong CEO Hoi Ming Chan has already said the aggregation wants to accompany the Millennium Sapphire to museums about the world, accomplish a television documentary about it, and additionally let blur studios use the gemstone in movies.

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Yulong alike said it hopes to accomplish adaptable aggrandized absoluteness amateur based on the building tours, agnate to the Pokemon Go aberration that swept the apple a few years ago.

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The aggregation was not anon accessible for added animadversion about these aggressive plans. But Yulong needs to get its authoritative abode in adjustment if it hopes to abide listed in the US.

The aggregation appear Friday that it has bootless to book its latest anniversary address with Nasdaq, which agency that shares could be delisted from the exchange.

CEO Chan said in a absolution Friday that the aggregation affairs to accomplishment an analysis and accomplish its filing “as anon as possible.”

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