Li Bang International to acquire 50.1% stake in Jiangsu Xinsheng Synthetic Materials for $23M

Li Bang International agreed on November 3, 2026 to acquire a 50.1% stake in Jiangsu Xinsheng Synthetic Materials for $23 million in cash and 2 million Class A ordinary shares.

“Li Bang International agreed to acquire a 50.1% stake in Jiangsu Xinsheng Synthetic Materials for $23 million in cash, payable in three installments, and 2 million Class A ordinary shares.”rallies.ai

• 1 source
• rallies.aiLi Bang International agrees to buy 50.1% stake in Jiangsu Xinsheng Synthetic Materials - LBGJ News | RalliesNov 3, 2026

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