LNGF(SZ:002717)2022-12-07 08:28Group 1: Recent Developments - Lingnan Garden has completed the acquisition of 100% equity in Hengrun Technology, marking a significant strategic move for the company [2][3] - Hengrun Technology has transitioned from a joint-stock company to a limited liability company, now operating as a wholly-owned subsidiary of Lingnan Garden [3] Group 2: Financial Strategies - The company is initiating a private placement to raise CNY 1.05 billion, with a lock-up period of 36 months, aimed at supporting its main business development [3][4] - The integration of Hengrun Technology is expected to enhance overall company value through resource and management synergies [5] Group 3: Future Strategic Planning - Lingnan Garden plans to diversify into ecological environmental protection and cultural tourism, aiming for a transformation that combines internal growth with external expansion [4][5] - The management team of Hengrun Technology will remain stable post-acquisition, with measures in place to maintain operational continuity and motivation [6][7] Group 4: Market Position and Industry Insights - The theme park market is projected to exceed CNY 30 billion in 2015, with an annual growth rate of over 30%, potentially reaching CNY 100 billion by 2020 [7][8] - Hengrun Technology aims to become a leading player in the industry within 3-5 years, leveraging its competitive advantages in the market [8]