---
title: "Longhua New Material: Wholly-owned subsidiary Longhua Advanced Materials increases capital and introduces investors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258340637.md"
description: "Longhua New Material announced that its wholly-owned subsidiary Shandong Longhua Polymer Materials Co., Ltd. plans to increase capital and introduce 42 investors including Zibo Longfu Investment Development Partnership, with a total capital increase amount of 376.116 million yuan. The company waives its preemptive subscription rights, but after the capital increase, Longhua High Material will still be a controlling subsidiary of the company. This capital increase constitutes a related party transaction and does not constitute a major asset reorganization. This capital increase is based on the actual needs of Longhua High Material and the Nylon 66 project construction, providing strong support for the project's accelerated implementation"
datetime: "2025-09-22T11:26:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258340637.md)
  - [en](https://longbridge.com/en/news/258340637.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258340637.md)
---

# Longhua New Material: Wholly-owned subsidiary Longhua Advanced Materials increases capital and introduces investors

Longhua New Material announced that its wholly-owned subsidiary Shandong Longhua High Polymer Materials Co., Ltd. plans to increase its capital and introduce 42 investors including Zibo Longfu Investment Development Partnership, with a total capital increase amount of 376.116 million yuan. The company waives its preemptive subscription rights, but after the capital increase, Longhua High Material will still be a controlling subsidiary of the company. This capital increase constitutes a related party transaction and does not constitute a major asset reorganization. This capital increase is based on the actual needs of Longhua High Material and the Nylon 66 project construction, providing strong support for the project's accelerated implementation

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