# Sanxia New Materials to acquire 40% stake in Lingang New Materials for $0

Sanxia New Materials (600293.SH) announced it will acquire a 40% stake in Sanxia New Materials Lingang New Materials (Yichang) Co., Ltd. from Guotou Company for a consideration of RMB 0, as Guotou has not yet made capital contributions.

- Type: Acquisition
- Announced: 2026-01-05
- Where: Yichang, Hubei, China, China
- Status: announced
- Products: high-end glass products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sanxia New Materials](https://endata.com/companies/89448.md) (acquirer)
- [Sanxia New Materials Lingang New Materials (Yichang)](https://endata.com/companies/89449.md) (target)
- [Guotou Company](https://endata.com/companies/89450.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1388814.html), 2026-01-05: "为适应湖北省、宜昌市地方经济发展要求，充分发挥地理优势、资源优势、管理优势、经营机制优势和成本优势，积极转型符合新质生产力发展方向的高端玻璃产品。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.