China Building Material Engineering

Luoyang Glass plans to acquire 100% of Hefei New Energy for CNY 342 million, 100% of Tongcheng New Energy for CNY 247 million, and 70.99% of Yixing New Energy for CNY 247 million, all paid in new A-shares. The acquisitions aim to expand its new energy glass business.

China National Building Material's subsidiaries China Building Material Engineering, Huaguang Group and Bengbu Institute plan to sell 100% of Tongcheng New Energy to Luoyang Glass for CNY 247 million, to be paid in shares.