JBB Builders in Talks to Acquire Sichuan Convenience Store Chain

JBB Builders International Ltd. ( (HK:1903) ) has shared an update.

JBB Builders International Limited has disclosed that it is in negotiations to acquire 100% of Chengdu Jianfu Convenience Store Management Co., Ltd., a Sichuan-based operator of convenience stores in mainland China. The target company runs 65 self-operated and 30 franchised outlets under a ‘brand + operation + supply chain’ model, offering a broad range of daily necessities, fresh produce, packaged foods, health products and medical devices. While financial terms of the potential deal are still under discussion and no binding agreement has yet been signed, JBB indicated that a formal acquisition could become a notifiable transaction under Hong Kong listing rules, signalling a possible strategic move into the fast-growing Chinese convenience retail sector and diversification beyond its core operations, with shareholders urged to trade the company’s shares with caution until the outcome is clear.

The most recent analyst rating on (HK:1903) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on JBB Builders International Ltd. stock, see the HK:1903 Stock Forecast page.

More about JBB Builders International Ltd.

JBB Builders International Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with its shares traded on the Main Board of the Hong Kong Stock Exchange under stock code 1903. The group operates in the broader construction and infrastructure segment but is also actively exploring strategic investments that can diversify its business portfolio and revenue streams within mainland China.

Average Trading Volume: 1,718,128

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.35B

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