--- title: "GUOLIN TECHNOLOGY plans to acquire 91.07% of the shares of Kailianjie Petrochemical in cash, which is expected to constitute a major asset reorganization" type: "News" locale: "en" url: "https://longbridge.com/en/news/259314620.md" description: "GUOLIN TECHNOLOGY plans to acquire 91.07% of Xinjiang Kailianjie Petrochemical Co., Ltd. in cash, which is expected to constitute a significant asset restructuring. This transaction will be funded through self-owned funds and bank acquisition loans, and upon completion, it will gain control of Kailianjie. Kailianjie focuses on the production of maleic anhydride, which is the basis for various chemical raw materials. The transaction will help GUOLIN TECHNOLOGY and the target company form a synergistic upstream and downstream industrial chain and expand the market" datetime: "2025-09-29T11:01:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259314620.md) - [en](https://longbridge.com/en/news/259314620.md) - [zh-HK](https://longbridge.com/zh-HK/news/259314620.md) generator: "portal-rs" --- # GUOLIN TECHNOLOGY plans to acquire 91.07% of the shares of Kailianjie Petrochemical in cash, which is expected to constitute a major asset reorganization According to the Zhitong Finance APP, GUOLIN TECHNOLOGY (300786.SZ) announced that the company is planning to purchase 91.07% of the equity of Xinjiang Kailianjie Petrochemical Co., Ltd. ("Kailianjie" or "target company") held by some shareholders in cash. The funding for this transaction is expected to come from the company's own funds combined with bank merger loans and other methods. Before this transaction, the company did not hold any shares in the target company; after the completion of this transaction, the company will gain control of the target company. This transaction is expected to constitute a significant asset restructuring. It is reported that Kailianjie is a company focused on the specialized production of maleic anhydride, which is an important basic organic chemical raw material mainly used for producing acetaldehyde acid, unsaturated polyester resin, fumaric acid, lubricant additives, agricultural chemicals, coatings, heat-resistant polystyrene resin, and nearly a hundred types of downstream organic intermediates and specialty chemicals. The company's acetaldehyde acid products use maleic anhydride as the main raw material. If this transaction is successfully completed, the target company will form a synergistic relationship with the company's existing business in the upstream and downstream industrial chain, complementing each other's advantages and helping the company expand its market ### Related Stocks - [300786.CN](https://longbridge.com/en/quote/300786.CN.md) ## Related News & Research - [WRT World Agricultural Supply and Demand August 24](https://longbridge.com/en/news/296799679.md) - [Tactical Resources, A U.S.-Focused Rare Earth Elements Development Company, Begins Trading On Nasdaq Under Ticker Symbol “TREO” | TREO Stock News](https://longbridge.com/en/news/296509791.md) - [12:25 ETAce Pickleball Club Media Launches Beyond The Bounce Digital Magazine and Opens Investment Opportunity to the Public](https://longbridge.com/en/news/296638710.md) - [03:20 ETMacGregor advances direct ship-to-well LCO₂ transfer, built on 50 years of proven bow-loading technology](https://longbridge.com/en/news/296749870.md) - [Is it still protectionism when a national champion is part foreign-owned?](https://longbridge.com/en/news/296408762.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**