LB Group Co Ltd

GAC Group issued a trading halt announcement on the evening of September 14, stating it is planning a major asset restructuring. The company intends to acquire part of a joint venture automaker stake held by FAW Group through a share issuance and raise supporting funds. The two parties have signed a letter of intent. Upon completion of the transaction, FAW Group will become GAC Group's second-largest shareholder with strategic influence. The deal is expected to constitute a major asset restructuring and a related-party transaction, but will not result in a change of actual controller or a backdoor listing. It is still in the planning stage. Following an application to the Shanghai Stock Exchange, GAC Group's A-shares were suspended from trading starting September 14, 2026, with the halt expected to last no more than 10 trading days. As of September 14, GAC Group's share price stood at 5.09 yuan per share, with a total market capitalization of 43.23 billion yuan. Earlier on September 11, nine government departments including the National Development and Reform Commission and the Ministry of Industry and Information Technology jointly issued the 15th Five-Year Plan for the intelligent connected new energy vehicle industry, proposing that by 2030 the advantages of the entire industry chain will be further consolidated and vehicles with autonomous driving functions will achieve large-scale application. On the same day, titanium dioxide leader Lomon Billions Group took the lead in issuing a price increase notice, raising domestic market prices by 700 yuan per tonne and international market prices by 100 US dollars per tonne. Subsequently, more than twenty companies including Anada, Titanium Energy Chemical, and Dawn Titanium Industry followed suit with increases consistent with Lomon Billions Group, officially kicking off the sixth round of collective price hikes for titanium dioxide this year.

Lomon Billions' first overseas titanium dioxide production base, the Ti-Oxide Colours Greatham plant in Hartlepool, United Kingdom, has recently officially restarted full production. The plant was originally the only chloride-process titanium dioxide production base under Venator Materials. After Venator entered administration in October 2025 and the plant was shut down, Lomon Billions acquired the asset for 69.9 million US dollars and completed the full acquisition on 27 April 2026. Core production lines at the base are now operational, with the Ti-Oxide Colours and Deltio series of high-end titanium dioxide products returning to European and global markets. Full-capacity stable production is expected by early 2027. Once full capacity is reached, the company's total chloride-process capacity will rise from 660,000 tonnes per year to 810,000 tonnes per year, and its global titanium dioxide capacity will reach 1.66 million tonnes per year. Lomon Billions reported net profit attributable to shareholders of 1.245 billion yuan for 2025, down 42.61 percent year on year, and 187 million yuan for the first quarter of 2026, down 72.75 percent year on year.

Longbai Group announced that the share purchase plan by the controlling shareholder and certain directors, senior management, and core personnel has been fully implemented. A total of 3,154,000 shares were purchased, representing 0.1323 percent of the company's total share capital, with a total purchase amount of 47.771 million yuan, meeting the minimum threshold of 45 million yuan. The purchasers include seven individuals such as Chairman Xu Ran and President Wu Pengsen. Xu Ran purchased 2,093,600 shares for 30.4951 million yuan, bringing her total holdings to 502 million shares, or 21.06 percent of total share capital. Before the purchases, the purchasers collectively held 505 million shares, representing 21.19 percent of total share capital. After the purchases, their combined holdings stand at 508 million shares, or 21.32 percent.