原文：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-15868.htmlNorthern Changlong recently announced its plan to acquire a controlling stake in Henan Zhongsheng Composite Materials Co., Ltd. through a combination of share issuance and cash payment. This transaction will not result in any change to the company's actual controller.

Established in 2019 and located in Xinxiang City, Henan Province, Henan Zhongsheng covers a total area of over 15,000 square meters. It is a comprehensive enterprise specializing in FRP pultrusion equipment, pultrusion molds, and composite material products, integrating technology development.

Through persistent efforts, Henan Zhongsheng has grown into a one-stop service provider offering FRP pultrusion profiles, pultrusion molds, pultrusion equipment, and technical solutions. Its products are exported to 27 countries and regions across North America, Europe, and Southeast Asia. Domestic partners include Hisense Hitachi Air-Conditioning Systems (Qingdao) Co., Ltd., BYD Group, CATL, Jilin Huayang New Materials R&D Co., Ltd., Chongqing Polycomp International Corp., and Beijing Weisheng Composites Co., Ltd.

In the previous year, Northern Changlong reported operating revenue of 108 million yuan, representing a year-on-year decrease of 20.13%, with net profit attributable to shareholders at -10.89 million yuan, down 194.36% year-on-year. For the first quarter of this year, its operating income stood at 20.569 million yuan, declining 16.86% year-on-year, while net profit attributable to shareholders was -5.0704 million yuan, a decrease of 244.16% year-on-year.
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