# Hanjian Heshan acquires 99.9978% of Liaoning Xingfu New Materials for 1.07 billion yuan

Hanjian Heshan announced a plan to acquire 99.9978% equity in Liaoning Xingfu New Materials Co., Ltd. for 1.07 billion yuan, using a combination of shares and cash. The acquisition marks the company's entry into the PEEK new materials sector.

- Type: Acquisition
- Announced: 2026-06-05
- Where: China
- Value: $150.0M (1.07B CNY)
- Status: announced
- Products: PEEK new materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hanjian Heshan](https://endata.com/companies/92353.md) (acquirer)
- [Liaoning Xingfu New Materials](https://endata.com/companies/92354.md) (target)

## Sources

- [news.chemnet.com](https://news.chemnet.com/news-6184.html), 2026-06-08: "The company intends to acquire 99.9978% of the equity in Liaoning Xingfu New Materials 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.