Changhong Hi-Tech announced that the company plans to purchase 100% of Guangxi Changke New Materials Co., Ltd.'s shares and raise supporting capital through the issuance of shares, convertible corporate bonds, and cash payments. It is expected to constitute a major asset restructuring and a related transaction, not a restructuring and listing. Trading of the company's shares was suspended on July 8, 2025, and resumed on July 21. As of the date of disclosure of the announcement, relevant due diligence, audit, evaluation, etc. are still in progress, and the board of directors will review it after completion. The deal still requires internal decision-making and regulatory approval, and there is uncertainty about whether it can be implemented.

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