# Jinzhong New Materials to acquire Hengwei Cement and affiliates for 429 million yuan

Jinzhong New Materials will acquire Hengwei Cement and its affiliates for 429 million yuan. The deal was announced on January 15, 2025.

- Type: Acquisition
- Announced: 2025-01-15
- Where: China
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Jinzhong New Materials](https://endata.com/companies/82336.md) (acquirer)
- [Hengwei Cement](https://endata.com/companies/82337.md) (target)

## Sources

- [cbonds.com](https://cbonds.com/news/3231537/), 2025-01-15: "Jinzhong New Materials to Acquire Hengwei Cement, Affiliates for 429 Million Yuan"

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