On June 30, 2026, OYH completed the acquisition of Anchor, a Hong Kong-founded piping brand under The Universal Hardware & Plastic Fty Ltd. The transaction marks an important step in OYH’s continued efforts to expand its piping business, strengthen its high-end product offering and enhance its localized market capabilities.

Following the completion of the acquisition, Haocheng Yang, President of OYH Holdings, led a senior management team to visit Anchor’s production base in Zhongshan, operated by Zhongshan Universal Enterprise Limited, for a business exchange with Anchor’s local management team. Representatives from operations, production, sales, human resources and quality control joined the discussion, focusing on future business development, production enhancement, technology upgrades, quality management and team stability.

During the visit, the OYH team gained a deeper understanding of Anchor’s production capabilities, established quality practices and operational strengths across CPVC, UPVC, PPR and PPH product lines. Both sides also exchanged views on production line upgrades, manufacturing efficiency, workplace environment improvement and the continued implementation of established quality standards.

At the meeting, Yang shared OYH’s current business development and global growth strategy. He noted that the acquisition of Anchor is an important move for OYH to strengthen its high-end piping capabilities, further complete its piping business portfolio and expand its overseas channel network.

“Anchor has built strong brand recognition, proven product quality and a solid customer base over more than 60 years of development,” Yang said. “Going forward, OYH will continue to uphold Anchor’s established quality standards, while leveraging our manufacturing management system, technical resources, channel network and global operating capabilities to support the brand’s long-term development.”

Founded in Hong Kong in 1961, Anchor has been deeply engaged in the piping industry for more than six decades. In 1993, its Zhongshan production base was established and put into operation. Over the years, Anchor has developed a comprehensive product offering across CPVC, UPVC, PPR and PPH systems. With long-standing technical expertise, consistent product quality and a mature channel network, Anchor has built a strong reputation and customer base in Hong Kong and Macao.

Anchor’s piping products are designed to deliver strong performance in temperature resistance, corrosion resistance and pressure resistance. They are developed to meet multiple international and national standards, including European, British, American, Japanese and Chinese standards, and have been applied in a range of engineering projects in domestic and overseas markets.

During the exchange, Chun Kwok Tsang, management representative and Chief Financial Officer of Hong Kong World Hardware & Plastic Factory Limited, introduced Anchor’s brand history, industrial capabilities and business fundamentals. He stated that Anchor has long focused on product quality and customer service, building stable channel resources and trusted customer relationships in Hong Kong and Macao. As part of OYH, Anchor will continue to maintain its existing brand strengths and operational foundation while gaining access to OYH’s broader product portfolio, technical resources and global platform.

Junlai Zhou, Vice President of OYH Engineering Construction Group and General Manager of OYH Piping Technology, said the acquisition will effectively strengthen OYH’s capabilities in high-end piping products and overseas channels. Moving forward, OYH will steadily advance intelligent production line upgrades, promote coordination between its national engineering and retail channels and Anchor’s distribution network in Hong Kong and Macao, and jointly explore broader market opportunities.

Zhou added that OYH will maintain Anchor’s mature quality control system, support a smooth business transition, and ensure the stability of core management and production teams. These efforts are intended to ensure continuity in customer service, product quality and delivery reliability.

The acquisition further enhances OYH’s product portfolio in the piping sector and provides additional support for the company’s overseas localization strategy, high-end engineering applications and integrated service capabilities. Looking ahead, OYH and Anchor will work together to combine their strengths in manufacturing, technology, channels and brand development, delivering higher-quality, more professional and more integrated building materials and systems to customers.