# Shenma Shares to transfer 49% stake in Henan Shouheng New Materials for 41.85M yuan

Shenma Shares announced its intention to transfer a 49% stake in Henan Shouheng New Materials Co., Ltd. to its controlling shareholder, China Pingmei Shenma Holding Group Co., Ltd., for RMB 41.854 million.

- Type: Acquisition
- Announced: 2026-02-27
- Where: China
- Value: $5.80M (41.9M CNY)
- Status: announced
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [China Pingmei Shenma Group](https://endata.com/companies/32971.md) (acquirer)
- [Shenma Shares](https://endata.com/companies/90585.md) (partner)
- [Henan Shouheng New Materials Co., Ltd.](https://endata.com/companies/90587.md) (target)

## Sources

- [en.shenma.com](https://en.shenma.com/new/2027943961604497408.html), 2026-03-01: "Shenma Shares announced its intention to transfer a 49% stake in Henan Shouheng New Materials Co., Ltd. to its controlling shareholder, China Pingmei Shenma Holding Group Co., Ltd., for RMB 41.854 million."

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