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Suxin Joyful Life Services Bids for Majority Stake in Lianyungang Port Maintenance
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Suxin Joyful Life Services Bids for Majority Stake in Lianyungang Port Maintenance

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The latest announcement is out from Suxin Joyful Life Services Co., Ltd. Class H ( (HK:2152) ).

Suxin Joyful Life Services Co., Ltd. has announced its bid for a 51% equity interest in Lianyungang Port Maintenance Engineering Co., Ltd., through a public tender at the Lianyungang Exchange Center. The acquisition is valued at a base price of RMB23,766,000. This transaction is considered a discloseable transaction under the Listing Rules, requiring compliance with reporting and announcement obligations. If successful, the acquisition could strengthen Suxin Joyful Life Services Co., Ltd.’s position in the industry by expanding its operational capabilities and market reach.

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

Suxin Joyful Life Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, specializing in providing joyful life services. The company is focused on expanding its market presence and enhancing service offerings through strategic acquisitions.

YTD Price Performance: -0.29%

Average Trading Volume: 1,333

Technical Sentiment Consensus Rating: Sell

For detailed information about 2152 stock, go to TipRanks’ Stock Analysis page.

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