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Dexin Services Group Expands with Strategic Equity Acquisition

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Dexin Services Group Expands with Strategic Equity Acquisition

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An announcement from Dexin Services Group Ltd. ( (HK:2215) ) is now available.

Dexin Services Group Ltd. has announced a significant transaction involving the acquisition of equity interests in a target company through its subsidiaries, Shengquan Property and Shanghai Xuquan. This acquisition, valued at RMB78 million, will result in the target company becoming an indirect wholly-owned subsidiary of Dexin Services, thereby consolidating its financial results into Dexin’s statements. The acquisition aligns with Dexin’s strategic goals of expanding its business scale, diversifying into more profitable areas, and enhancing brand recognition. The transaction will be funded through a combination of unutilized net proceeds from a previous global offering and internal resources.

More about Dexin Services Group Ltd.

Average Trading Volume: 16,703

Technical Sentiment Signal: Sell

Current Market Cap: HK$826.1M

For a thorough assessment of 2215 stock, go to TipRanks’ Stock Analysis page.

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