Has Suzhou Changbao new material been acquired?

Be acquired. According to the Announcement on Inquiring about the Memorandum of Equity Acquisition Signed by Jinghua New Materials, on April 8, 20 19, Shanghai Jinghua Adhesive New Materials Co., Ltd. and Changbao New Materials Co., Ltd. signed a memorandum of equity acquisition in Zhangjiagang City, Jiangsu Province, China, so Suzhou Changbao New Materials was acquired by Shanghai Jinghua Adhesive New Materials Co., Ltd., which was established in 2006 and is a professional manufacturer of various adhesive products integrating production, research and sales.