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Luoyang Glass to acquire remaining 60% stake in North Glass for RMB 182 million · Endata

◂ Announcements

Construction Materialsworld trade 2024+2.5% 5Y CAGR

Apr 29, 2021ACQUISITIONChina

Luoyang Glass to acquire remaining 60% stake in North Glass for RMB 182 million

Luoyang Glass Company has agreed to acquire the remaining 60% equity of North Glass from Yaohua Group for RMB 182 million, making North Glass a wholly-owned subsidiary.

Value

$28.1M (182.0M CNY)

Status

Announced

Productsphotovoltaic glass

CompaniesLuoyang Glass acquirer China Yaohua Glass Group partner Qinhuangdao North Glass target Yaohua Group target North Glass target

Sectors#Construction Materials

“取得北方玻璃的控股权，有助于本公司优化光伏玻璃业务板块的布局，扩大生产规模，更好地满足下游市场需求。”beta.zhitongcaijing.com

2 sources
beta.zhitongcaijing.com洛阳玻璃股份(01108)拟斥资1.82亿元收购北方玻璃余下60%股权Apr 29, 2021
beta.zhitongcaijing.com洛阳玻璃股份(01108)拟1.82亿元收购秦皇岛北方玻璃60%股权Apr 30, 2021

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

More from Luoyang Glass

Sep 23, 2021ACQUISITIONChina
Luoyang Glass to acquire Taiwan Glass Fujian
Luoyang Glass acquirer Taiwan Glass Central Control target beta.zhitongcaijing.com
Dec 30, 2020ACQUISITIONQinhuangdao, Hebei; Dezhou, Shandong, China
Luoyang Glass to acquire controlling stakes in Qinhuangdao North Glass and Kaisheng Jinghua Glass
Luoyang Glass acquirer China Yaohua Glass Group partner beta.zhitongcaijing.com
Dec 2, 2020CONTRACTChina
Luoyang Glass signs framework agreements with CNBM and Triumph
Luoyang Glass Triumph Group partner beta.zhitongcaijing.com
May 28, 2020NEW FACILITYPuyang, Henan, Chinaops 28 May 2020
Luoyang Glass subsidiary starts solar materials production line in Puyang
Luoyang Glass CNBM (Puyang) Photoelectric Materials beta.zhitongcaijing.com
Mar 18, 2020EXPANSIONHefei, Tongcheng, Yixing, China$26.6M
Luoyang Glass subsidiaries to build three solar glass processing projects
Luoyang Glass China Building Materials (Hefei) New Energy partner beta.zhitongcaijing.com
Jun 21, 2019EXPANSIONTongcheng, Chinaops 20 Jun 2019
Luoyang Glass to upgrade solar glass line in Tongcheng, China
Luoyang Glass China Building Materials Tongcheng New Energy Materials beta.zhitongcaijing.com

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