Changhong Hi-Tech to acquire Guangxi Changke for cash

Changhong Hi-Tech announced plans to purchase 100% equity of Guangxi Changke New Materials for cash. Guangxi Changke is China's largest bulk-method ABS resin manufacturer with a designed capacity of 600,000 tons/year. The transaction is expected to constitute a major asset reorganization.

“Guangxi Changke is currently the largest bulk-method ABS resin manufacturer in China.”allhdi.com

• 1 source
• allhdi.comChanghong Hi-Tech intends to purchase 100% equity of Guangxi Changke in cash to further expand the industrial chain_Toluene diisocyanate manufacturerSep 19, 2023

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