Core Viewpoint - The company, Jinglian Group, has acquired 100% equity of Guangdong Fengxin Water Conservancy and Hydropower Engineering Co., Ltd., enhancing its engineering business in China [1] Group 1: Acquisition Details - The acquisition of Guangdong Fengxin has been completed, with the transfer of equity and business registration changes finalized [1] - Guangdong Fengxin holds essential qualifications for engineering operations in China, including a Level 3 construction general contracting certificate and a Level 2 specialty contracting certificate for building decoration [1] - The company is in the process of upgrading its construction and electrical engineering certificates to Level 2 [1] Group 2: Strategic Implications - This acquisition aligns with the company's long-term development strategy to expand its engineering business in China [1] - The integration of Guangdong Fengxin is expected to enhance the company's market competitiveness and improve its profitability [1] - The acquisition aims to create greater value for shareholders by increasing sustainable profit capabilities [1]
景联集团(01751)完成收购广东枫鑫水利水电工程100%股权