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Beijing Enterprises Holdings Acquires Inspection Firm to Boost Gas Pipeline Safety

Story Highlights
  • Beijing Gas acquires Beijing Beiran Special Equipment Inspection for RMB54.60 million.
  • The acquisition enhances pipeline safety and expands Beijing Gas’s industry footprint.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beijing Enterprises Holdings Acquires Inspection Firm to Boost Gas Pipeline Safety

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An announcement from Beijing Enterprises Holdings ( (HK:0392) ) is now available.

Beijing Enterprises Holdings, through its subsidiary Beijing Gas, has announced the acquisition of the entire equity interest in Beijing Beiran Special Equipment Inspection and Testing Co., Ltd. from Beiran Enterprises. This acquisition, valued at RMB54.60 million, aims to enhance Beijing Gas’s pipeline safety management and operational efficiency, expand its industry footprint, and optimize resource allocation within the company.

The most recent analyst rating on (HK:0392) stock is a Hold with a HK$36.00 price target. To see the full list of analyst forecasts on Beijing Enterprises Holdings stock, see the HK:0392 Stock Forecast page.

More about Beijing Enterprises Holdings

Average Trading Volume: 1,009,429

Technical Sentiment Signal: Buy

Current Market Cap: HK$44.18B

Find detailed analytics on 0392 stock on TipRanks’ Stock Analysis page.

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