Hubei Feilihua Quartz Glass Co Ltd: A Strategic Acquisition by Zhanshan Technology

In a significant move within the industrial sector, Zhanshan Technology has announced its acquisition of a 62.23% stake in Hanjing, a company specializing in quartz and silicon carbide ceramic components. This strategic acquisition, valued at 11.2 billion yuan, was completed without the need for regulatory approval, signaling a robust confidence in the burgeoning quartz components market.

Market Dynamics and Growth Prospects

The global quartz components market, currently valued at 180 billion yuan, is projected to more than double by 2030, reaching approximately 350 billion yuan. China’s share of this market is substantial, with domestic sales exceeding 70 billion yuan and expected to surpass 170 billion yuan by 2030. This growth trajectory underscores the strategic importance of Zhanshan Technology’s acquisition, positioning the company to capitalize on the expanding demand for high-purity quartz materials.

Hubei Feilihua Quartz Glass Co Ltd: A Key Player

Hubei Feilihua Quartz Glass Co Ltd, a prominent player in the aerospace and defense industry, has been at the forefront of manufacturing and supplying quartz materials globally. With a diverse product range including quartz ingots, synthetic quartz substrates, and high-purity alumina products, the company serves critical sectors such as aviation, aerospace, semiconductors, and photovoltaics.

Financial Overview

As of August 12, 2025, Hubei Feilihua Quartz Glass Co Ltd’s stock closed at 91.16 yuan, marking a 52-week high. The company boasts a market capitalization of approximately 476 billion yuan. Despite a high price-to-earnings ratio of 134.21, the company’s strategic positioning and growth prospects in the quartz components market present a compelling investment narrative.

Industry Implications

The acquisition by Zhanshan Technology highlights the increasing specialization and consolidation within the semiconductor and quartz components industries. As companies seek to enhance their technological capabilities and market reach, strategic acquisitions like this are likely to become more prevalent, driving further innovation and growth in the sector.

Conclusion

Hubei Feilihua Quartz Glass Co Ltd’s role in the global quartz components market, coupled with Zhanshan Technology’s strategic acquisition, underscores the dynamic nature of the industrial sector. As the market continues to expand, stakeholders will closely watch how these developments influence the competitive landscape and drive technological advancements in the years to come.