---
title: "Huafon Chemical: Plans to issue shares and pay cash to acquire assets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235629839.md"
description: "Huafon Chemical announced that the company plans to acquire 100% equity of Zhejiang Huafon Synthetic Resin Co., Ltd. and 100% equity of Zhejiang Huafon Thermoplastic Polyurethane Co., Ltd. through the issuance of shares and cash payment. The total transaction amount is 6 billion yuan, of which Huafon Chemical will issue shares and pay cash to Huafon Group, You Xiaoping, You Jinhwan, and You Xiaohua to purchase 100% equity of Huafon Synthetic Resin; and issue shares and pay cash to Huafon Group to purchase 100% equity of Huafon Thermoplastic. This transaction constitutes a related party transaction and will not result in a change of the company's actual controller after completion"
datetime: "2025-04-11T13:05:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235629839.md)
  - [en](https://longbridge.com/en/news/235629839.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235629839.md)
generator: "portal-rs"
---

# Huafon Chemical: Plans to issue shares and pay cash to acquire assets

Huafon Chemical announced that the company intends to acquire 100% equity of Zhejiang Huafon Synthetic Resin Co., Ltd. and 100% equity of Zhejiang Huafon Thermoplastic Polyurethane Co., Ltd. through the issuance of shares and cash payment. The total transaction amount is 6 billion yuan, of which Huafon Chemical will issue shares and pay cash to Huafon Group, You Xiaoping, You Jinhua, and You Xiaohua to purchase 100% equity of Huafon Synthetic Resin; and issue shares and pay cash to Huafon Group to purchase 100% equity of Huafon Thermoplastic. This transaction constitutes a related party transaction and will not result in a change of the company's actual controller after completion

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**