# China National Building Material subsidiaries acquire waste heat power generation assets

Five indirect subsidiaries of China National Building Material (Kuqa Tianshan, Fuyun Tianshan, Ruoqiang Tianshan, Kezhou Tianshan, Turpan Tianshan) each signed agreements to acquire waste heat power generation assets from Sinoma Energy Conservation and its subsidiaries via asset transfer.

- Type: Acquisition
- Announced: 2019-11-27
- Where: China
- Status: completed
- Products: waste heat power generation assets
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [China National Building Material Group](https://endata.com/companies/20207.md)
- [Sinoma Energy Conservation](https://endata.com/companies/28381.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/255393.html), 2019-11-27: "该等协议及其项下拟进行的交易能够及时止损，化解持续合作带来的补齐收入损失。"

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