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On the Record · China XD Plastics

China XD Plastics acquisitions, on the record

The businesses China XD Plastics bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Favor Sea Limited (Favor Sea (BVI)), holding company for Harbin Xinda Macromolecule Material Co., Ltd. and its Research Institute
Word for word“On December 24, 2008, we acquired Favor Sea Limited ("Favor Sea (BVI)"), a British Virgin Islands corporation, which is the holding company for Harbin Xinda Macromolecule Material Co., Ltd. ("Harbin Xinda") and Harbin Xinda's wholly-owned subsidiary, Harbin Xinda Macromolecule Material Research Institute ("Research Institute").” 10-K for 2018
acquisitionOn December 24, 2008—
a subsidiary (unnamed in the text)
Word for word“Consideration receivable for the disposal of a subsidiary 7,285,231 - Accrual for purchase of equipment and construction included in accrued expenses and other current liabilities 6,188,847 5,144,134 The following table shows a reconciliation of cash, cash equivalents and restricted cash on the consolidated balance sheets to that presented in the above consolidated statements of cash flows.” 10-K for 2018
divestiture—Consideration receivable for the disposal of a subsidiary 7,285,231
all outstanding shares of common stock not already beneficially owned by the Buyer Consortium (going-private transaction)
Word for word“On February 16, 2017, the Board has received a preliminary nonbinding proposal letter from the Buyer Consortium to acquire all of the outstanding shares of common stock of the Company not already beneficially owned by the Buyer Consortium in a "going-private" transaction (the "Transaction") for US$5.21 per share of common stock in cash.” 10-K for 2018
agreed acquisitionOn February 16, 2017US$5.21 per share of common stock in cash
Favor Sea Limited
Word for word“On December 24, 2008, we acquired Favor Sea Limited ("Favor Sea (BVI)"), a British Virgin Islands corporation, which is the holding company for Harbin Xinda Macromolecule Material Co., Ltd. ("Harbin Xinda") and Harbin Xinda's wholly-owned subsidiary, Harbin Xinda Macromolecule Material Research Institute ("Research Institute").” 10-K for 2019
acquisitionDecember 24, 2008—
Nanchong Xinda Composite Material Co., Ltd.
Word for word“10.24 English translation of the Equity Transfer and Merger Agreement dated March 6, 2015 entered into by Xinda (Heilongjiang) Investment Co., Ltd., Sichuan Xinda and Nanchong Xinda Composite Material Co., Ltd.” 10-K for 2019
mergerMarch 6, 2015—

Deal filings since 2016

Read from China XD Plastics’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-11-15. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.