Beixin Waterproof completes acquisition of majority stake in Yuanda Hongyu

Beixin Waterproof, a subsidiary of Beixin Building Materials, completed the acquisition of 80% stakes in Yuanda Hongyu (Tangshan) and Yuanda Hongyu (Suzhou) for approximately 418 million yuan. The deal was finalized at a joint restructuring conference on January 6, 2026.

“此次联合重组在行业存量竞争时代意义重大，有助于‘联合破卷、联合提质、联合发展’。”27580.cn

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• 27580.cn北新防水与远大洪雨完成联合重组，“央企+民企”能否重塑市场？ | 中外涂料网Jan 7, 2026

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