SINCEREWATCH HK拟100万元收购南通荣煜能源科技51%股权

Group 1 - The company announced the acquisition of a 51% stake in Nantong Rongyu Energy Technology Co., Ltd. for RMB 1 million, which will become an indirect non-wholly owned subsidiary of the company [1] - The target company primarily engages in natural gas and refined oil businesses, specializing in natural gas wholesale, vehicle refueling, and gas station construction [1] - The group operates in the distribution of luxury watches and accessories, as well as property investment, facing challenges from weak discretionary spending and macroeconomic uncertainties [1] Group 2 - The target company's main business includes wholesale and retail of natural gas, with sales of approximately RMB 24 million in 2025, and aims to establish stable sales channels across China [2] - The target company collaborates with several major gas companies as a supplier and aims to develop into a comprehensive clean energy enterprise [2] - The board believes that the acquisition will provide opportunities for the group to expand into the clean energy sector and diversify its revenue sources [2]

SINCEREWATCH HK拟100万元收购南通荣煜能源科技51%股权 - Reportify