---
title: "ZHONGSHE plans to acquire 51% equity in Jiaojian New Materials to enhance its business strength"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261093315.md"
description: "ZHONGSHE plans to acquire 51% equity of Wuxi Jiaojian New Materials for a total transaction price of 68.85 million yuan. This acquisition will enhance the company's strength in the field of new road materials and construction, integrate business segments and customer resources, improve the synergy of the industrial chain, and promote the company's long-term development"
datetime: "2025-10-14T14:04:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261093315.md)
  - [en](https://longbridge.com/en/news/261093315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261093315.md)
---

# ZHONGSHE plans to acquire 51% equity in Jiaojian New Materials to enhance its business strength

According to the Zhitong Finance APP, ZHONGSHE (002883.SZ) announced that the company intends to pay cash to acquire 51% of Wuxi Jiaojian New Materials Technology Co., Ltd. (referred to as "Jiaojian New Materials"). The listed company plans to purchase 2% of the target company's equity from Wuxi Transportation Construction Engineering Group Co., Ltd. (referred to as "Jiaojian Group") and 49% of the target company's equity from Wuxi Xitong Luqiao Engineering Co., Ltd. (referred to as "Xitong Luqiao"). The transaction is intended to be completed through a share transfer agreement, with a total transaction price of 68.85 million yuan. The equity transfer agreement was signed in Wuxi City on October 14, 2025.

This transaction will enhance the listed company's business strength in the field of new road materials and construction. By integrating both parties' business segments, sales channels, and customer resources, the listed company and the target company can leverage the synergy of the industrial chain to better meet the diverse needs of customers, which is beneficial for the long-term development of the company's business

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