Longxing Chemical Stock (SHE:002442) proposed to acquire 100% of China Rubber (Chongqing) Carbon Black from CSRC (Singapore), according to a Shenzhen Stock Exchange disclosure on Wednesday.
The target company mainly produces carbon black, a crucial component in the manufacturing of automobile tires and other rubber products.
Longxing initially planned to acquire a 55% stake in the target company, while its actual controller, Liu Jiangshan, would acquire the remaining 45%. However, recent developments have led to a change in the acquisition plan, with Liu Jiangshan no longer participating.
The revised proposal is currently in the planning stage, and further details regarding the transaction, including the final terms and conditions, are yet to be finalized.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。