14, Jinyu Group announced that Handan Jinyu Taihang Commercial Concrete Technology Co., Ltd. Acquisition of 90% equity of Hongpeng Commercial Concrete Co., Ltd. in Yongnian District of Handan City held by Hebei Fengfan Trading Co., Ltd. and Hebei Zhuida Construction Labor Subcontracting Co., Ltd.
The announcement said that the commercial concrete market in Handan region has a good prospect and stable operation. Through this acquisition, the target enterprise and the site of Jinyu Commercial Concrete in the main urban area of Handan City form a sales linkage to achieve full coverage of the market in the main urban area of Handan Commercial Concrete, further improve the regional layout, and enhance the influence of Jinyu Commercial Concrete in Handan region. It is of strategic significance to increase market share and give full play to synergistic advantages. At the same time, with the company's cement business to achieve internal resource synergy , the acquisition of Hongpeng Commercial Concrete can form the company's industrial chain competitive advantage , open up Yongnian and surrounding markets, improve the sales of Jinyu Cement , and enhance the group's industrial chain resource sharing. To maximize the benefits of the group's industrial chain.
It is understood that just a month ago, Jidong Haitian Cement Wenxi Co., Ltd., a holding subsidiary of Jidong Cement, a subsidiary of Jinyu Group, planned to take the evaluation value of 71.1335 million yuan as the consideration. Acquisition of 100% equity of Wenxixin Haitian Concrete Co., Ltd. and 100% equity of Yuncheng Haixin Haitian Concrete Co., Ltd.
