Sanxia New Material (600293.SH) has revealed its intention to acquire a stake of not less than 53.14% in Zhuhai Saiwei Electronic Material Co., Ltd., by means of share issuance and cash payments. This move is anticipated to represent a significant restructuring of assets. In light of the ongoing planning for this transaction, trading of the company's shares will be temporarily halted from September 29, 2026, with the suspension expected to last no longer than 10 trading days. Zhuhai Saiwei Electronic Material Co., Ltd. specializes in the research, development, and manufacturing of specialized electronic materials, including lithium-ion battery electrolytes and innovative membrane materials, and possesses the necessary production qualifications for hazardous chemicals.
