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Fulongma (603686.SH) subsidiary plans to acquire 100% of Dingzhou Jinyu's shares for 40.1 million yuan
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According to Zhitong Finance App, Fulongma (603686.SH) announced that the company plans to acquire 100% of the shares of Dingzhou Changrunda Jinyu Environmental Health Management Co., Ltd. (“Dingzhou Jinyu”) in cash through its wholly-owned subsidiary Fulongma Environmental, with a transaction consideration of 40.1 million yuan. After the acquisition is completed, the target company will become a wholly-owned subsidiary of the company.

This acquisition is a key step for the company to explore the Hebei regional business market. After the project is implemented, it can quickly establish a regional operating base in Hebei, give full play to the company's “equipment+service” synergy, enhance its brand influence in the Beijing-Tianjin-Hebei regional market, and lay a solid foundation for subsequent expansion of the surrounding regional market. After the acquisition is completed, Dingzhou Jinyu will be included in the scope of the company's consolidated statements.

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