# 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.

- Type: Acquisition
- Announced: 2026-01-07
- Where: China
- Value: $58.0M (418.0M CNY)
- Status: completed
- Products: waterproofing materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Beixin Waterproof](https://endata.com/companies/72115.md) (acquirer)
- [Beixin Building Materials](https://endata.com/companies/89519.md) (acquirer)
- [Yuanda Hongyu (Tangshan)](https://endata.com/companies/89520.md) (target)
- [Yuanda Hongyu (Suzhou)](https://endata.com/companies/89521.md) (target)

## Sources

- [27580.cn](https://www.27580.cn/important/177982.html), 2026-01-07: "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’。"

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