# Sinoma International receives approval to acquire assets from China Building Materials Academy

Sinoma International Engineering, a subsidiary of China National Building Material Group, has received regulatory approval from the China Securities Regulatory Commission to issue 367 million shares to China Building Materials Research Institute to acquire related assets. The approval was granted on February 7, 2023.

- Type: Acquisition
- Announced: 2023-02-07
- Where: China
- Status: announced
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [China National Building Material Group](https://endata.com/companies/20207.md) (investor)
- [Sinoma International Engineering](https://endata.com/companies/21384.md) (acquirer)
- [China Building Materials Research Institute](https://endata.com/companies/50598.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/875007.html), 2023-02-10: "中材国际已于2023年2月10日收到中国证监会就收购及视作出售发出的日期为2023年2月7日的《关于核准中国中材国际工程股份有限公司向中国建筑材料科学研究总院有限公司发行股份购买资产申请的批复》"

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