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Exact ground states (GS) are deduced for conducting polymers possessing pentagon type of unit cell. The study is done in the presence of many-body spin–orbit interaction (SOI), local and nearest-neighbor Coulomb repulsion (CR), and presence of external E electric and B magnetic fields (EF). The simultaneous presence of SOI, CR, and EF in the exact conducting polymer GS is a novelty, so the development of the technique for the treatment possibility of such strongly correlated cases is presented in detail. The deduced GS show a broad spectrum of physical characteristics ranging from charge density waves doubling the system periodicity, metal–insulator transitions, to interesting external field-driven effects as, e.g., modification possibility of a static charge distribution by a static EF. [ABSTRACT FROM AUTHOR]