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Bohai Chemical announced that on August 13, the company signed an “Share Acquisition Intent Agreement” with Grey New Materials to acquire no less than 51% and no more than 80% of its shares in cash. After the deal, Grey New Materials will become a holding subsidiary. The transaction is not expected to constitute a major asset restructuring or related transaction, and no shareholders' approval is required. Within 15 working days of the agreement, the company will deposit 20 million yuan of intent. The target company had revenue of 291 million yuan and net profit of 366.755 million yuan in 2025. Whether the final deal can be reached is uncertain, and there is a risk that business performance will fall short of expectations.

Zhitongcaijing·08/13/2026 10:25:05
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Bohai Chemical announced that on August 13, the company signed an “Share Acquisition Intent Agreement” with Grey New Materials to acquire no less than 51% and no more than 80% of its shares in cash. After the deal, Grey New Materials will become a holding subsidiary. The transaction is not expected to constitute a major asset restructuring or related transaction, and no shareholders' approval is required. Within 15 working days of the agreement, the company will deposit 20 million yuan of intent. The target company had revenue of 291 million yuan and net profit of 366.755 million yuan in 2025. Whether the final deal can be reached is uncertain, and there is a risk that business performance will fall short of expectations.