News
26 Oct 2026
Liaoning, China, 26 Oct. 2026 –– Yingkou Fengguang Advanced Material Co., Ltd. (Stock Code: 301100, hereinafter referred to as “FENGGUANG” or the “Company”) has completed the cash acquisition of a 90% equity stake in Anhui Ruihua New Materials Co., Ltd. (“Ruihua New Materials”) for RMB 52.655544 million (≈ US$7.90 million).
Following the transaction, Ruihua New Materials has become a controlled subsidiary of FENGGUANG and is included in the Company's consolidated financial statements.
Cash Transaction Value: RMB 52.66 million
Equity Stake Acquired: 90%
Ruihua's Total Production Capacity: 80,000 MT
The acquisition was priced based on Ruihua New Materials' audited net assets of RMB 58.50616 million as of March 31, 2026, with the acquired 90% equity stake corresponding to RMB 90 million in registered capital.
The acquisition is expected to support more efficient resource allocation and improve profitability. The transaction was priced fairly and reasonably and does not compromise the interests of the listed Company or its shareholders, particularly minority shareholders.
Located in the Tongling Economic and Technological Development Zone, Anhui Province, Ruihua New Materials is the first company in China to implement third-generation high-temperature continuous tubular production technology for metal stearates.
The company has a total production capacity of approximately 80,000 tonnes.
Main Products
Key Applications
The acquisition offers two main areas of industrial synergy.
Product and Sales Channel Synergies
Ruihua New Materials' 80,000-tonne production capacity aligns closely with FENGGUANG's existing business in terms of customer groups and sales channels, providing a clear foundation for cross-selling.
Production Facilities and Regional Supply Synergies
Ruihua's Tongling facility is located within the Yangtze River Delta chemical industry cluster. Together with FENGGUANG's Yingkou facility, it establishes a complementary presence in northern and southern China.
This geographic positioning can help:
Following the acquisition, FENGGUANG's metal stearates business has strengthened both its production capacity and product quality.
The transaction further reinforces the Company's position as a comprehensive provider of polymer material solutions, enabling it to offer customers a more complete and competitive portfolio of functional additives.
The transaction information in this news release is based on the Company's official announcement dated August 18, 2026 (Announcement No. 2026-029).
Established in 2003, Yingkou Fengguang Advanced Material Co., Ltd. has grown into a globally recognized leader in advanced polymer additive solutions and catalysts. With a strong commitment to innovation, sustainability, and customer collaboration, FENGGUANG serves industries worldwide, offering tailored solutions that enhance the performance and sustainability of polymeric materials across industries worldwide.
