Core Viewpoint - The company, Jinglian Group (01751), has announced the acquisition of 100% equity in Guangdong Fengxin Water Conservancy and Hydropower Engineering Co., Ltd, enhancing its engineering business in China [1] Group 1: Acquisition Details - Guangdong Fengxin is a limited liability company registered in the People's Republic of China, possessing the necessary qualifications for engineering operations in the country [1] - The company holds a Level 3 General Contracting Certificate for Construction Engineering, a Level 3 General Contracting Certificate for Electric Power Engineering, and a Level 2 Special Contracting Certificate for Building Decoration and Renovation [1] - The acquisition process, including the transfer of equity and business registration changes, has been completed, and Guangdong Fengxin is now a wholly-owned subsidiary of Jinglian Group [1] Group 2: Strategic Implications - The acquisition aligns with Jinglian Group's long-term development strategy to actively expand its engineering business in China [1] - This move is expected to rapidly enhance the company's market presence in the engineering sector, improve competitive strength, and increase sustainable profitability [1] - The financial performance of Guangdong Fengxin will be consolidated into Jinglian Group's financial statements, contributing to greater value creation for shareholders [1]
景联集团完成收购广东枫鑫水利水电工程100%股权