--- title: "LTH plans to acquire 100% equity of Hongsheng Company" type: "News" locale: "en" url: "https://longbridge.com/en/news/242014418.md" description: "LTH plans to acquire 100% equity of Luzhou Hongsheng Chemical Park Operation Service Co., Ltd. to promote the implementation of chemical projects and the company's transformation and upgrading. The project includes a 100,000 tons/year green fine chemicals project, located in the western area of Luzhou Chemical Park, utilizing Hongsheng's land resources to develop the green fine chemicals industry and new fertilizer industry, enhancing resource utilization efficiency and core competitiveness, and forming new profit growth points" datetime: "2025-05-27T12:14:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242014418.md) - [en](https://longbridge.com/en/news/242014418.md) - [zh-HK](https://longbridge.com/zh-HK/news/242014418.md) generator: "portal-rs" --- # LTH plans to acquire 100% equity of Hongsheng Company According to the Zhitong Finance APP, LTH (000912.SZ) announced that the company plans to acquire 100% equity of Luzhou Hongsheng Chemical Park Operation Service Co., Ltd. ("Hongsheng Company") held by Luzhou Jintianhong Development Co., Ltd. ("Jintianhong Company"). The aim is to promote the smooth implementation of the company's medium- and long-term, short-term chemical projects and lay the foundation for the company's next transformation and upgrade. The company is investing in the construction of a 100,000 tons/year green fine chemicals project, which is located in the western area of the Luzhou LTH Chemical Park, covering an area of approximately 325 acres. Given that the land belonging to Hongsheng Company is located within the western area of the Luzhou LTH Chemical Park, the company has chosen Hongsheng Company's land as the project construction site to accelerate the project construction progress and save on initial investments. In the future, the company will leverage the advantages of Hongsheng Company's land resources, fully utilize the agglomeration effects of industry, talent, and resources, and develop green fine chemicals industry, new fertilizer industry, and establish research and development experimental bases within the park. This aims to achieve a combination of research, experimentation, and production to enhance the efficiency of resource utilization and core competitiveness, while also forming new profit growth points for the company and laying a resource foundation for the industrial cycle of "new efficient fertilizers - crop planting and processing - fine chemical products production - potassium mining - new efficient fertilizers." ### Related Stocks - [000912.CN](https://longbridge.com/en/quote/000912.CN.md) ## Related News & Research - [FOCUS-As Europe rearms, Italy's fragmented space sector faces a scale test](https://longbridge.com/en/news/296303505.md) - [NRED Identifies Stronger Untested IP Targets Beyond 1.67% Copper Trench Mineralization at Wilmac | NREDF Stock News](https://longbridge.com/en/news/296612079.md) - [The Platform Group: Acquired Cocoli.com to strengthen the furniture marketplace, with EUR 728M revenue in 2025](https://longbridge.com/en/news/296441852.md) - [JIC Venture Growth Investments takes minority stake in rocket engine startup Letara](https://longbridge.com/en/news/296418219.md) - [BEER: H1 2026 saw 22% sales volume growth, 15% revenue growth, and a €7M expansion investment](https://longbridge.com/en/news/296622535.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**