---
title: "Changhong Polymer: Issuing shares, convertible bonds, and paying cash to acquire assets and raise supporting funds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253427472.md"
description: "Changhong Polymer plans to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. through the issuance of shares, convertible bonds, and cash, and to raise matching funds from no more than 35 specific investors. This transaction is expected to constitute a significant asset restructuring and related party transaction, but will not affect the controlling shareholder and actual controller. The company's stock will be suspended from trading on July 8, 2025, and a board meeting will be held on July 17 to review related proposals. Relevant due diligence, auditing, and evaluation work are currently underway"
datetime: "2025-08-18T09:13:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253427472.md)
  - [en](https://longbridge.com/en/news/253427472.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253427472.md)
---

# Changhong Polymer: Issuing shares, convertible bonds, and paying cash to acquire assets and raise supporting funds

Changhong Polymer announced that the company plans to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. through the issuance of shares, convertible corporate bonds, and cash payments, and will issue shares to no more than 35 specific investors to raise matching funds. This transaction is expected to constitute a significant asset restructuring and related party transaction, which will not result in a change of the company's controlling shareholder and actual controller, nor will it constitute a restructuring listing. The company's stock will be suspended from trading on July 8, 2025, and a board of directors and supervisory board meeting will be held on July 17 to review and approve the relevant proposals. As of the announcement date, the company and relevant parties are actively promoting various tasks related to due diligence, auditing, and evaluation for this transaction. The company will fulfill its information disclosure obligations in a timely manner based on the progress of the transaction

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