Hongzhang Liang to acquire Bless Chemical Co., Ltd. HK

Hongzhang Liang has agreed to acquire the assets of Bless Chemical Co., Ltd. HK in a cash consideration deal. The transaction involves the transfer of business assets within the Energy sector from a Chinese target to a US-based buyer. Although the specific financial terms were not disclosed, the deal structure confirms a straightforward asset sale completed through monetary payment. The announcement date of 17 June 2026 follows the reported completion date of 15 June 2026, indicating the transaction was finalised prior to public disclosure.

The buyer, identified as Hongzhang Liang, has successfully secured the assets of the target company based in China. This cross-border acquisition allows the individual buyer to expand their presence in the Energy industry through the purchase of existing operational assets. No regulatory conditions or further steps were reported as pending for this specific transaction. The deal is now considered fully completed with all necessary transfers executed between the parties involved.