--- title: "HONGDA BLASTING: Plans to acquire 60% equity of Changzhilin for 1.02 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/252207722.md" description: "HONGDA BLASTING announced that its subsidiary, HONGDA Defense, intends to acquire 60% of the equity of Dalian Changzhilin Technology Co., Ltd. for cash of 1.02 billion yuan. Upon completion of this transaction, HONGDA Defense will become the controlling shareholder of Changzhilin. This transaction does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the \"Administrative Measures for Major Asset Reorganization of Listed Companies.\"" datetime: "2025-08-08T10:34:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/252207722.md) - [en](https://longbridge.com/en/news/252207722.md) - [zh-HK](https://longbridge.com/zh-HK/news/252207722.md) --- # HONGDA BLASTING: Plans to acquire 60% equity of Changzhilin for 1.02 billion yuan HONGDA BLASTING announced that its subsidiary, HONGDA Defense, intends to acquire 60% of the equity of Dalian Changzhilin Technology Co., Ltd. for cash of 1.02 billion yuan. Upon completion of this transaction, HONGDA Defense will become the controlling shareholder of Changzhilin. This transaction does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Reorganization of Listed Companies." ### Related Stocks - [002683.CN](https://longbridge.com/en/quote/002683.CN.md) ## Related News & Research - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [Japan Petroleum Association President says U.S. crude is expected to play a key role as a substitute for Middle Eastern supply.](https://longbridge.com/en/news/287010838.md) - [Israel: The plenary discussion on the dissolution of the Knesset has begun](https://longbridge.com/en/news/287040336.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) - [15:37 ETMuse Communications Celebrates 10 Years of Award-Winning Legal Marketing and Public Relations](https://longbridge.com/en/news/286811115.md)