于本公告日期，目标公司收购事项相关的股权过户及工商变更登记手续已完成，本公司已取得市场监督 管理部门核发的广东枫鑫变更后营业执照，因此，广东枫鑫正式成为本集团的全资附属公司，其财务业 绩将合并计入本集团综合财务报表。 本集团积极拓展中国工程业务板块，本次收购广东枫鑫符合本集团长远发展战略。通过本次收购事项， 本集团将迅速扩大中国工程业务布局，提升市场竞争力。增强持续获利能力及盈利能力，从而为股东创 造更大价值。 智通财经APP讯，景联集团(01751)发布公告，于本公告日期前，本集团收购广东枫鑫水利水电工程有限 公司100%股权，广东枫鑫为一家于中华人民共和国注册成立的有限责任公司，具备相关在中国开展工 程业务所需的专业资质。具备中国开展工程业务的建筑工程施工总承包三级证书、电力工程施工总承包 三级证书，及建筑装修装饰工程专业承包二级证书。广东枫鑫正在申请将建筑工程证书及电力工程证书 升级为二级证书。 ...

Group 1 - The core point of the article is that Meili Tianyuan Medical Health (02373.HK) has entered into a share transfer agreement to acquire 100% equity of medical targets in Dongguan and Zhuhai for a total consideration of RMB 40 million (approximately HKD 44 million) [1][2] - Upon completion of the acquisition, the company will hold 90% equity in the target company, which will become a non-wholly owned subsidiary of the company [1] - The acquisition will lead to the addition of 19 new direct-operated stores, including two medical beauty stores and 17 lifestyle beauty stores, thereby expanding the company's direct-operated store network [1][2] Group 2 - Meili Tianyuan has over 30 years of experience in the beauty and health service industry in China and aims to expand its business scale through organic growth and strategic acquisitions [2] - The acquisition signifies the formal inclusion of Zhuhai and Dongguan into the direct-operated area of the company's smart beauty brand, Nairui'er, aligning with the company's strategy to deepen its presence in high-net-worth customer concentrated first-tier and new first-tier cities [2]

Group 1 - The company has entered into a share transfer agreement to acquire 52% of the equity in Xishuangbanna Menghai Longputian Tea Industry Co., Ltd. for a nominal price of RMB 1 through its wholly-owned subsidiary Fulton Asia Investment Limited [1] - The target company, established in 2018 in Xishuangbanna, Yunnan Province, China, engages in the wholesale and retail of tea, pre-packaged food, and bulk food, as well as tea planting, procurement, initial processing, refinement, and sales [1] - Following the acquisition, the target company will become a non-wholly-owned subsidiary, and its financial performance will be consolidated into the company's financial statements [1] Group 2 - The acquisition is aligned with the company's strategic initiatives to develop its tea business sales and marketing [2] - The target company has approximately seven years of experience in tea production and sales, which includes beverage production, food production, and internet food sales [1][2] - The acquisition is expected to enable the company to control the tea production process, ensure stable raw material supply and product quality, and leverage the target company's channels and market resources to expand its sales network [2]

Core Insights - Giovanni Ferrero has transformed Ferrero into a global giant through significant acquisitions, particularly in the U.S. market, since taking over in 2015 [2][3] - The recent acquisition of WK Kellogg for $3.1 billion marks one of the largest transactions in the food industry over the past year and highlights Ferrero's strategic expansion beyond its core chocolate products [3][7] - Over the past decade, Ferrero has completed at least 21 acquisitions across nine countries, totaling over $13 billion, including notable brands like Fannie May and Ferrara Candy Company [3][8] Company Performance - Ferrero's revenue has nearly doubled from 2015 to the fiscal year ending August 2024, reaching $20.4 billion, with EBITDA increasing from $1.6 billion to $3 billion [7][8] - The acquisition of WK Kellogg is expected to contribute to a sales growth of over 10%, with WK Kellogg projected to generate $2.7 billion in revenue in 2024 [8][9] Strategic Expansion - The acquisition strategy initiated by Giovanni Ferrero has diversified the company's portfolio beyond chocolate, integrating local U.S. brands with Ferrero's global offerings [7][9] - The company aims for a 7.33% annual growth rate to double its size within ten years, a target that appears achievable given the 84% revenue growth from 2017 to 2024 [12][13] Market Position - The acquisition of WK Kellogg positions Ferrero to enhance its presence in the North American cereal market, which has an annual retail value of $12 billion [12][15] - Following the acquisition, Ferrero's revenue is expected to surpass that of Mars' snack business, which is projected to reach $21.3 billion in 2024 [12][15] Challenges and Opportunities - The company faces potential challenges from U.S. tariff policies and rising raw material costs, particularly cocoa, which has reached historical highs [15][16] - Ferrero is actively working to diversify its supply chain for key ingredients, including hazelnuts, which are crucial for its flagship products [16]