# Jinyu Jidong to acquire 21% stake in Jinyu Concrete Group for ¥336.5M

Jinyu Jidong announced it will acquire a 6% stake from Beijing Jinyu Group for ¥96.15 million and a 15% stake from Jidong Development Group for ¥240.38 million, totaling ¥336.53 million, increasing its ownership in Jinyu Concrete Group to 51%.

- Type: Acquisition
- Announced: 2026-03-26
- Where: China
- Value: $46.4M (336.5M CNY)
- Status: announced
- Products: concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Beijing Jinyu Group](https://endata.com/companies/54181.md) (partner)
- [Jinyu Jidong](https://endata.com/companies/91045.md) (acquirer)
- [Jinyu Concrete Group](https://endata.com/companies/91046.md) (target)
- [Jidong Development Group](https://endata.com/companies/91047.md) (partner)

## Sources

- [news.futunn.com](https://news.futunn.com/en/post/70676724/jinyu-jidong-000401-sz-proposed-acquisition-of-21-equity-in), 2026-03-26: "the Company will acquire a 6% stake in Jinyu Concrete Group Co., Ltd. from Beijing Jinyu Group Co., Ltd., and a 15% stake in Concrete Group from Jidong Development Group Co., Ltd."
- [e.ccement.com](https://e.ccement.com/news/content/64835703531025001.html), 2026-03-30: "The company acquired 6% equity of Jinyu Concrete Group Co., Ltd. from Beijing Jinyu Group Co., Ltd. and 15% equity of Jinyu Concrete Group Co., Ltd. from Jidong Development Group Co., Ltd."

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