Sanxia New Material: Plans to acquire no less than 53.14% of Saiwei's shares and suspend trading.

date
28/09/2026
Sanxia New Material announced that the company plans to acquire no less than 53.14% of the shares of Zhuhai Saiwei Electronic Materials Co., Ltd. from counterparties including Dai Xiaobing, Yili Investment, Hengwei Investment, Xue Yao, and L Haixia through the issuance of shares and cash payment. Due to the planning of this transaction, the company's shares have been suspended from trading since the market opened on September 29, 2026, and the suspension is expected to last no more than 10 trading days.