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China National Building Material to sell Tongcheng New Energy to Luoyang Glass · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Feb 7, 2017ACQUISITIONChina

China National Building Material to sell Tongcheng New Energy to Luoyang Glass

China National Building Material's subsidiaries China Building Material Engineering, Huaguang Group and Bengbu Institute plan to sell 100% of Tongcheng New Energy to Luoyang Glass for CNY 247 million, to be paid in shares.

Value

$35.9M (247.0M CNY)

Status

Announced

Productssolar photovoltaic glass

CompaniesChina National Building Material Group China Building Material Engineering Huaguang Group Bengbu Institute Luoyang Glass acquirer Tongcheng New Energy target

Sectors#Specialty Chemicals

“中国建材工程、华光集团及蚌埠院拟向洛阳玻璃出售桐城新能源合共100%的股权，代价为人民币2.47亿元”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com中国建材(03323)附属与华光及蚌埠院拟向洛玻出售桐城新能源全部股权Feb 7, 2017

Summarized from public sources; check the original articles before acting on it.

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Nov 1, 2017CONTRACTNorth Africa$116.0M
FLSmidth receives down payment for North Africa cement plant order
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Sep 8, 2017ACQUISITIONHong Kong, Hong Kong SAR China
CNBM and Sinoma Hong Kong units to merge
China National Building Material Group acquirer China National Materials Group Corporation target scmp.com

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