Core Viewpoint - The company, Shanxi Installation, is acquiring a 70% stake in Shanxi Construction Investment International from Shanxi Construction Investment Hong Kong and Shanxi Construction Investment International for a total consideration of RMB 58.55 million, which will enhance its competitiveness and operational efficiency in overseas markets [1][2] Group 1: Acquisition Details - The acquisition involves Shanxi Installation increasing its stake in Shanxi Construction Investment International from 30% to 100%, making it a wholly-owned subsidiary [1] - The target company specializes in overseas project investment, which complements Shanxi Installation's engineering service capabilities and experienced talent pool [1] Group 2: Strategic Benefits - The integration of both companies is expected to create a comprehensive overseas project management system covering the entire industry chain in sectors such as renewable energy, chemicals, and mining [1] - The transaction will improve profitability, enhance management capabilities, and reduce management costs through operational synergies [1] Group 3: Operational Efficiency - The merger will streamline decision-making processes by reducing redundant procedures, allowing the company to seize overseas market opportunities more rapidly [1]
山西安装(02520)拟5855万元收购山西建投国际投资有限公司合共70%的股权