Ningbo Changhong: Intends to acquire 100% equity of Guangxi Changke, the transaction is still in progress.

Ningbo Changhong announced that the company plans to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. through the issuance of shares, convertible bonds, and cash payment, and raise supporting funds. It is expected to constitute a major asset restructuring and a related party transaction, not constituting a restructuring for listing. The company's stock was suspended in 2025 and resumed trading on July 21. Due to incomplete asset audit, evaluation, and other work, it is expected that the notice of the shareholders' meeting cannot be convened within the specified time. As of the disclosure date of the announcement, all parties are advancing related work, and after completion, it will be submitted to the board of directors for approval and disclosure. The transaction still requires internal decision-making and regulatory approval, and there is uncertainty.