---
title: "Jiuri: Wholly-owned subsidiary Inner Mongolia Jiuri intends to acquire 2.175% equity of Hongyuan Tiancheng for 2.3925 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249391243.md"
description: "Jiuri announced that its wholly-owned subsidiary Inner Mongolia Jiuri intends to acquire 2.175% equity of Hongyuan Tiancheng for 2.3925 million yuan, with the funds sourced from its own capital. After the transaction is completed, Inner Mongolia Jiuri's shareholding in Hongyuan Tiancheng will increase to 50.175%, making Hongyuan Tiancheng a subsidiary under its control and included in the consolidated financial statements. This move will strengthen the company's control over raw materials, reduce procurement costs, and enhance industrial synergy, with limited expected impact on performance in the short term"
datetime: "2025-07-21T11:09:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249391243.md)
  - [en](https://longbridge.com/en/news/249391243.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249391243.md)
generator: "portal-rs"
---

# Jiuri: Wholly-owned subsidiary Inner Mongolia Jiuri intends to acquire 2.175% equity of Hongyuan Tiancheng for 2.3925 million yuan

Jiuri announced that its wholly-owned subsidiary, Inner Mongolia Jiuri New Materials Co., Ltd., intends to acquire 2.175% of the equity held by the original shareholder Jia Zhenqi of Hongyuan Tiancheng for 2.3925 million yuan, with funding sourced from its own funds. Upon completion of this transaction, Inner Mongolia Jiuri's shareholding in Hongyuan Tiancheng will increase from 48.00% to 50.175%, making Hongyuan Tiancheng a controlling subsidiary of the wholly-owned subsidiary Inner Mongolia Jiuri, and included in the company's consolidated financial statements. The completion of this transaction will strengthen the company's control over upstream raw materials, effectively reduce the company's raw material procurement costs, enhance the synergy in the company's industrial layout, and provide strong support for the production of the company's main photoinitiator products, which will have a positive impact on the company's business, with limited expected impact on the company's performance in the short term

### Related Stocks

- [688199.CN](https://longbridge.com/en/quote/688199.CN.md)

## Related News & Research

- [Tornator: Revenue and profit dipped, but investments and financial strength support a positive outlook](https://longbridge.com/en/news/297314989.md)
- [Nearly 25K pounds of frozen buffalo chicken recalled over inspection lapse](https://longbridge.com/en/news/297124023.md)
- [JinkoSolar CEO Warns Solar Industry Profits Remain Under Pressure](https://longbridge.com/en/news/297063262.md)
- [Renewables’ installed capacity to beat natural gas within a year – EIA data](https://longbridge.com/en/news/297354470.md)
- [RUBBER-Japan futures rise on supply concerns in top producing regions](https://longbridge.com/en/news/297141554.md)

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