Chengzhi plans to acquire 100% equity of Huaqing Chemical for 207 million yuan

Chengzhi shares announced that it plans to acquire 100% equity of Huaqing Chemical through its wholly-owned subsidiary Qingdao Huaqing through equity transfer. The announcement shows that this transaction constitutes a connected transaction. The main assets of Huaqing Chemical are three parcels of land use rights located in Huangdao District, Qingdao City, with a total area…