Core Viewpoint - Guolin Technology is planning to acquire 91.07% of Xinjiang Kailianjie Petrochemical Co., Ltd. in a cash transaction, which will allow Guolin Technology to gain control over Kailianjie and make it a subsidiary [1] Group 1: Transaction Details - The funding for the acquisition will come from the company's own funds and bank merger loans [1] - Prior to the transaction, Guolin Technology did not hold any shares in Kailianjie [1] - The transaction is expected to constitute a major asset restructuring according to regulations, and it does not involve issuing shares or related party transactions [1] Group 2: Business Implications - Kailianjie specializes in the production of phthalic anhydride, an important basic organic chemical raw material used in various downstream products [1] - The acquisition will create a synergistic relationship between Kailianjie and Guolin Technology's existing business, enhancing market expansion opportunities [1]
国林科技拟购凯涟捷91.07%股权