Core Viewpoint - The company, Jixin Guokong (08629.HK), has announced a conditional agreement to acquire 51% of the expanded registered capital of the target company, Maoming Juzhou Engineering Testing, for a total price of RMB 13.32 million, which will make the target company a non-wholly owned subsidiary of the company [1] Group 1: Company Strategy - The target company is a limited liability company established in China, primarily engaged in providing construction engineering testing services in Huazhou City [1] - The board of directors is actively seeking opportunities to strengthen the company's existing market position in Maoming City and expand its service footprint to third to fifth-tier cities in western Guangdong [1] - The board believes that the demand for testing and inspection services in Huazhou City is strong and sustainable, despite a decline in performance in 2024 due to reduced real estate testing activities and limited competition in road testing services [1] Group 2: Financial Implications - Upon completion of the acquisition, the financial performance of the target company will be consolidated into the group's financial statements [1] - The board views the proposed capital increase as a strategic opportunity for repositioning the target company for growth [1]
集信国控(08629.HK)拟向建设工程检测检验服务供应商增资