# Changhong Polymer plans to acquire 100% of Guangxi Changke

Changhong Polymer (605008.SH) plans to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. through shares, convertible bonds, and cash. Guangxi Changke produces special synthetic resins including transparent ABS.

- Type: Acquisition
- Announced: 2025-07-07
- Where: China
- Status: announced
- Products: transparent ABS, high transparency MS, high acrylonitrile AS, high impact ABS/HIPS, high gloss ABS/HIPS
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Guangxi Changke New Materials](https://endata.com/companies/72696.md) (target)
- [Changhong Polymer](https://endata.com/companies/85817.md) (acquirer)

## Sources

- [longbridge.com](https://longbridge.com/en/news/247466203), 2025-07-07: "transparent ABS is the first industrialized mass production process in mainland China using the bulk method, breaking the foreign monopoly on the production process of transparent ABS and enabling import substitution"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.