---
title: "GPTY plans to acquire 100% equity of Lide Dongfang, and the stock will resume trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248464198.md"
description: "GPTY plans to acquire 100% equity of Lide Dongfang through significant asset swaps and cash payments, to undergo a strategic transformation, exiting the titanium dioxide industry and shifting to the rubber products industry. This transaction will improve asset quality and profitability, enhancing risk resistance. The company's stock will resume trading on July 15, 2025"
datetime: "2025-07-14T15:27:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248464198.md)
  - [en](https://longbridge.com/en/news/248464198.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248464198.md)
generator: "portal-rs"
---

# GPTY plans to acquire 100% equity of Lide Dongfang, and the stock will resume trading

According to the Zhitong Finance APP, GPTY (000545.SZ) has announced a major asset swap, issuance of shares, and cash payment for asset acquisition along with the fundraising plan for related transactions. The transaction plan includes: (1) Major asset swap: GPTY intends to swap part of the assets it holds as of the assessment benchmark date, including Nanjing Titanium Dioxide, Xuzhou Titanium Dioxide, and certain assets corresponding to GPTY's supply chain (all assets excluding the balance of accounts payable related to the proposed divested targets or GPTY Dongyu within the consolidated financial statements of the listed company as of that date) and all liabilities with an equivalent portion of the 91% equity held by GPTY Dongyu in Lide Dongfang; (2) Issuance of shares and cash payment for asset acquisition: GPTY plans to purchase assets from the counterparty through the issuance of shares and cash payment, including: 1. Purchasing the differential portion of the assets swapped from GPTY Dongyu; 2. Purchasing the 9% equity held by Hengyu Taihe in Lide Dongfang; (3) Fundraising: GPTY intends to issue shares to no more than 35 specific targets to raise supporting funds, with the total amount not exceeding 100% of the transaction price for the asset acquisition through share issuance, and the number of shares issued not exceeding 30% of the total share capital of the listed company before the transaction, to be used for cash consideration for this transaction, payment of intermediary fees, transaction-related taxes, construction of Lide Dongfang's ongoing projects, and replenishing the listed company's working capital.

After the completion of this transaction, the company's main business will undergo significant changes. Before the transaction, the company's main business was the production and sales of titanium dioxide, with the main products being rutile titanium dioxide and anatase titanium dioxide; through this transaction, the company will strategically exit the titanium dioxide industry, and Lide Dongfang will become a wholly-owned subsidiary of the company. The company's main business will change to the rubber products industry, with the main products being rubber hoses, seals, shock absorbers, casings, and other rubber products. This transaction will help the company achieve strategic transformation, improve asset quality, enhance profitability, strengthen risk resistance, and protect the interests of the company's shareholders, especially minority shareholders.

According to the company's application to the Shenzhen Stock Exchange, the company's stock will resume trading on July 15, 2025 (Tuesday) at the market opening

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