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Huafon Chemical Says No Abnormal Stock Fluctuation Before Restructuring Disclosure

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Huafon Chemical (SHE:002064) said its stock price did not experience abnormal fluctuations during the 20 trading days prior to announcing a major restructuring, according to a weekend filing with the Shenzhen bourse.

The company plans to acquire Zhejiang Huafon Synthetic Resin and Zhejiang Huafon Thermoplastic Polyurethane via cash and share payments. From May 8 to June 5, 2026, Huafon's stock fell 7.2%, versus declines of 1.60 drop in the Shenzhen Component Index and 6.6% in the chemical sector index.

Shares of the polyurethane product materials company rose 2% in recent trade.

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