China Resources Double-Crane Plans to Acquire 23.5% Stake in Lier Chemical for About 5.656 Billion Yuan

Corporate ActionIndustry Impact 4
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China Resources Double-Crane plans to acquire a 23.5 percent stake in Lier Chemical for approximately 5.656 billion yuan in cash. After the transaction, Lier Chemical's controlling shareholder will change to China Resources Double-Crane, and the actual controller will change from the China Academy of Engineering Physics to China Resources Company Limited. The share transfer price is 30.07 yuan per share, about 138 percent higher than the previously publicly solicited floor price of 12.62 yuan per share, and also about 104 percent higher than Lier Chemical's closing price of 14.71 yuan on July 29. China Resources Double-Crane plans to introduce some of its synthetic biology reserve technologies and products into Lier Chemical, leveraging its fine chemical production capabilities to accelerate industrial implementation. In the first quarter of 2026, Lier Chemical achieved operating revenue of 2.312 billion yuan, up 10.85 percent year-on-year, but net profit attributable to the parent company was 115 million yuan, down 24.82 percent year-on-year. China Resources Double-Crane cautioned that there are differences between the two parties in main business, operating models, and corporate culture, and there remains uncertainty as to whether industrial synergy can be smoothly translated into operating performance.

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Others · 3 stocks
Lier Chemical Co Ltd
002258
▲ PositiveCapitalrelevance

Lier Chemical is being acquired at a 104% premium to its closing price, and will gain access to synthetic biology technologies from China Resources Double-Crane.

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