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Suxin Joyful Life Services Acquires Majority Stake in Lianyungang Port Maintenance Engineering

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Suxin Joyful Life Services Acquires Majority Stake in Lianyungang Port Maintenance Engineering

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Suxin Joyful Life Services Co., Ltd. Class H ( (HK:2152) ) has shared an update.

Suxin Joyful Life Services Co., Ltd., a joint stock company in China, has successfully acquired a 51% equity interest in Lianyungang Port Maintenance Engineering Co., Ltd. through a public tender. The acquisition, valued at RMB23,766,000, constitutes a discloseable transaction under the Hong Kong Listing Rules, subject to reporting and announcement requirements. This strategic move enhances the company’s operational capabilities and market positioning by expanding its portfolio in the maintenance engineering sector.

More about Suxin Joyful Life Services Co., Ltd. Class H

YTD Price Performance: -4.69%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Hold

Learn more about 2152 stock on TipRanks’ Stock Analysis page.

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