Changhong Hi-Tech intends to purchase 100% equity of Guangxi Changke in cash to further expand the industrial chain

changhong hi-tech announced on the evening of august 31 that the company planned to purchase 100% equity of guangxi changke new materials co., ltd. (referred to as “guangxi changke”) in cash. the audit and evaluation of the underlying assets of this transaction have not yet been completed. guangxi changke is a company controlled by tao…