Sanxia New Material (600293.SH) plans to acquire 100% equity of Zhuhai Saiwei, a lithium-ion battery electrolyte company; stock resumes trading.

Zhitong Finance APP News, Sanxia New Material (600293.SH) announced that the company plans to acquire 100% equity of Zhuhai Saiwei Electronic Materials Co., Ltd. by issuing shares and paying cash, and to issue shares to no more than 35 eligible specific targets, including Dangyang Urban Investment, to raise supporting funds of no more than RMB 1 billion. As of the date of signing of the preliminary plan, the audit and evaluation of the target assets have not yet been completed, and the preliminary valuation and transaction price of the target assets in this transaction have not yet been determined. The company's shares will resume trading from the market opening on October 20, 2026.