---
title: "FUDA ALLOY plans to acquire 52.61% equity of Guangda Electronics for 352 million yuan, adding electronic slurry business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259066648.md"
description: "FUDA ALLOY plans to acquire a 52.61% stake in Guangda Electronics for 352 million yuan, becoming its controlling shareholder. Guangda Electronics is a national high-tech enterprise focused on photovoltaic conductive paste. After the transaction, it will add electronic paste business, enrich the electrical metal materials industry chain, and enhance the company's profitability and competitiveness"
datetime: "2025-09-26T12:20:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259066648.md)
  - [en](https://longbridge.com/en/news/259066648.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259066648.md)
---

# FUDA ALLOY plans to acquire 52.61% equity of Guangda Electronics for 352 million yuan, adding electronic slurry business

According to the Zhitong Finance APP, FUDA ALLOY (603045.SH) announced that the company intends to purchase 52.61% of the equity of Guangda Electronics held by 15 shareholders including Wenzhou Chuangda, Wang Zhongnan, and Wenzhou Haohua through cash payment. Upon completion of this transaction, the company will hold 52.61% of the equity of Guangda Electronics, becoming its controlling shareholder. The transaction price is 352 million yuan.

The target company was established in 2010 and is a national high-tech enterprise integrating the research and development, production, and sales of new electronic pastes. Since its inception, the target company has been deeply engaged in the field of photovoltaic conductive pastes, relying on independent innovation and technological accumulation to continuously expand its product matrix. It has built a diversified product structure that coordinates the development of mainstream products and forward-looking technologies, with TOPCon cell silver paste as the core, along with xBC cell silver paste, PERC cell silver paste, HJT cell low-temperature silver paste, and silver-coated copper paste, achieving a comprehensive layout for the downstream demand for new photovoltaic cell pastes.

After the completion of this transaction, the target company will become a controlling subsidiary of the listed company. The listed company will add an electronic paste business based on contact materials, composite contacts, and contact components in the electrical contact industry, further enriching the electrical metal materials industry chain. This is conducive to fully leveraging the synergies between both parties in silver powder preparation processes, silver reduction research directions, procurement costs, etc., further enhancing the company's profitability and sustainability, and improving the overall competitiveness of the company

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