--- title: "WELLTECH: Plans to purchase a portion of the equity in Zijiang New Materials" type: "News" locale: "en" url: "https://longbridge.com/en/news/228661850.md" description: "WELLTECH issued an announcement regarding abnormal fluctuations in stock trading. The company plans to acquire a portion of the equity held by some shareholders of Shanghai Zijiang New Materials Technology Co., Ltd. through cash payment, aiming to gain control of Zijiang New Materials. Currently, the relevant matters related to the transaction are in progress, and key elements such as the specific transaction price have not yet been finalized" datetime: "2025-02-18T08:51:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228661850.md) - [en](https://longbridge.com/en/news/228661850.md) - [zh-HK](https://longbridge.com/zh-HK/news/228661850.md) generator: "portal-rs" --- # WELLTECH: Plans to purchase a portion of the equity in Zijiang New Materials WELLTECH issued an announcement regarding abnormal fluctuations in stock trading. The company plans to acquire a portion of the equity of Shanghai Zijiang New Materials Technology Co., Ltd. held by certain shareholders through cash payment, aiming to gain control of Zijiang New Materials. Currently, the relevant matters related to the transaction are in progress, and key elements such as the specific transaction price have not yet been finalized ### Related Stocks - [002058.CN](https://longbridge.com/en/quote/002058.CN.md) ## Related News & Research - [Orkla trims ORK89 bond holdings to boost market float](https://longbridge.com/en/news/298495215.md) - [Polaris Media Takes Full Ownership of Polaris Media Sør in NOK 450 Million Deal](https://longbridge.com/en/news/298473435.md) - [JPM: China's Factory Automation and Robotics Remain in Upcycle, but Recovery Becoming More Selective](https://longbridge.com/en/news/298562859.md) - [Northern Ocean mandatory offer at NOK 7.5 per share closes Sept. 9, no extension](https://longbridge.com/en/news/298424562.md) - [Unifique calls Sept. 30 EGM to vote on Supernova Holding incorporation](https://longbridge.com/en/news/298505241.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**