--- title: "Changhong Polymer plans to acquire 100% equity of Guangxi Changke, and the stock will resume trading on July 21" type: "News" locale: "en" url: "https://longbridge.com/en/news/249138340.md" description: "Changhong Polymer plans to acquire 100% equity of Guangxi Changke through the issuance of shares, convertible corporate bonds, and cash, and will raise supporting funds from no more than 35 specific investors. The company's stock will resume trading on July 21, 2025. This transaction will expand the company's business scope, enhance market competitiveness, and improve profitability" datetime: "2025-07-18T11:24:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/249138340.md) - [en](https://longbridge.com/en/news/249138340.md) - [zh-HK](https://longbridge.com/zh-HK/news/249138340.md) --- # Changhong Polymer plans to acquire 100% equity of Guangxi Changke, and the stock will resume trading on July 21 According to the Zhitong Finance APP, Changhong Polymer (605008.SH) announced that the company plans to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. (referred to as: Guangxi Changke) held by the trading party through the issuance of shares, convertible corporate bonds, and cash payment. The company will also issue shares to raise supporting funds from no more than 35 specific investors. The company's stock will resume trading on July 21, 2025 (Monday) at the market opening. Before this transaction, the listed company's main business was the research, production, and sales of TPES series products, PBAT/PBT and their by-products, modified masterbatch products, and calcium carbonate products. The target company is a high-tech enterprise focused on the research, production, and sales of special synthetic resin polymer materials, with products including transparent ABS, high transparent MS, high acrylonitrile AS, high gloss ABS, high gloss HIPS, and other special resin products. After the completion of this transaction, the listed company's business scope will expand to special synthetic resin products, enriching the product categories and meeting more application scenarios and diversified needs of customers. At the same time, the listed company's LCBR and SBR products are important raw materials for the target company's special synthetic resin products. The listed company will form an industrial chain extension and complementary relationship with the target company, achieving effective integration of business, expanding the overall sales scale of the company, enhancing market competitiveness, and improving profitability ### Related Stocks - [605008.CN](https://longbridge.com/en/quote/605008.CN.md) ## Related News & Research - [Key facts: Li Auto L9 uses FlexNoC/Magillem for 2,560 TOPS; shares fall](https://longbridge.com/en/news/286979573.md) - [Guriev: Russia is in need of a pipeline to China](https://longbridge.com/en/news/286935918.md) - [Is AI a bubble? It’s starting to get soapy](https://longbridge.com/en/news/286937439.md) - [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md) - [Kioxia weighs plan to float ADSs against conditions](https://longbridge.com/en/news/286796988.md)