# Luoyang Glass to acquire controlling stakes in Qinhuangdao North Glass and Kaisheng Jinghua Glass

Luoyang Glass signed framework agreements on December 30, 2020 to acquire controlling stakes (51%-80%) in Qinhuangdao North Glass from China Yaohua Glass Group and in Kaisheng Jinghua Glass from Kaisheng Glass Holdings.

- Type: Acquisition
- Announced: 2020-12-30
- Where: Qinhuangdao, Hebei; Dezhou, Shandong, China
- Status: announced
- Products: glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Luoyang Glass](https://endata.com/companies/20482.md) (acquirer)
- [China Yaohua Glass Group](https://endata.com/companies/52227.md) (partner)
- [Qinhuangdao North Glass](https://endata.com/companies/52228.md) (target)
- [Kaisheng Glass Holdings](https://endata.com/companies/52229.md) (partner)
- [Kaisheng Jinghua Glass](https://endata.com/companies/52230.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/386964.html), 2020-12-31: "耀华集团同意将其直接全资附属公司秦皇岛北方玻璃有限公司的控股股权转让予公司。"

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