Henan Xinxing to Acquire Majority Stake in Guorong Electronics, Entering Aluminum-based New Materials Sector

Published: Jul 31, 2026 18:38

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On July 29, NEEQ-listed company Henan Guorong Electronics Technology Co., Ltd. announced that Henan Xinxing Industry Investment Co., Ltd., under the Henan Capital Group, intends to acquire no less than 51% of its equity, aiming to establish a presence in the aluminum-based electronic new materials industry. Upon completion of the transaction, the controlling shareholder of Guorong will change to Henan Xinxing Industry Investment Co., Ltd., and its actual controller will become the State-owned Assets Supervision and Administration Commission of the Henan Provincial Government.

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