Core Viewpoint - The company, Jixin Guokong (08629), has announced a conditional agreement to acquire 51% of the equity of Gaoyang City Gaoxin Engineering Testing Co., Ltd. for a total consideration of RMB 10.71 million, which will allow the target company to become a non-wholly owned subsidiary of the company [1] Group 1: Acquisition Details - The acquisition agreement is set to be completed by December 29, 2025, and the financial performance of the target company will be consolidated into the group's financial statements upon completion [1] - The target company primarily provides construction engineering testing and inspection services in Gaoyang City [1] Group 2: Strategic Considerations - The board of directors is actively exploring opportunities to expand into other cities in the western Guangdong region [1] - After thorough research and discussions with the target company, the board believes there is strong demand for testing and inspection services in Gaoyang City [1] - The target company is described as a mature enterprise with the necessary qualifications, an established customer base, and an experienced operational team [1] Group 3: Market Development - The acquisition is expected to leverage the company's extensive experience in providing construction engineering testing and inspection services alongside the target company's solid position in Gaoyang City to develop the local testing and inspection service market [1]

Group 1 - The company, Jixin Guokong (08629.HK), announced a share transfer agreement with the seller, Gaozhou Anjian State-owned Assets Management Co., Ltd., to acquire 51% of the equity in Gaozhou Gaoxin Engineering Testing Co., Ltd. for a total consideration of RMB 10.71 million [1] - Upon completion of the transaction, the target company will become a non-wholly owned subsidiary of the company, and its financial performance will be consolidated into the group's financial statements [1]

Core Viewpoint - The company, Jixin Guokong (08629.HK), has announced a conditional agreement to acquire 51% of the expanded registered capital of the target company, Maoming Juzhou Engineering Testing, for a total price of RMB 13.32 million, which will make the target company a non-wholly owned subsidiary of the company [1] Group 1: Company Strategy - The target company is a limited liability company established in China, primarily engaged in providing construction engineering testing services in Huazhou City [1] - The board of directors is actively seeking opportunities to strengthen the company's existing market position in Maoming City and expand its service footprint to third to fifth-tier cities in western Guangdong [1] - The board believes that the demand for testing and inspection services in Huazhou City is strong and sustainable, despite a decline in performance in 2024 due to reduced real estate testing activities and limited competition in road testing services [1] Group 2: Financial Implications - Upon completion of the acquisition, the financial performance of the target company will be consolidated into the group's financial statements [1] - The board views the proposed capital increase as a strategic opportunity for repositioning the target company for growth [1]