Jilin Zhongmao Construction Engineering Co., Ltd. completed the acquisition of Shenyang Jianyuan Heating Co., Ltd. from Beijing Huayuanyitong Thermal Technology Co., Ltd. for CNY 11 million.
August 23, 2022
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Jilin Zhongmao Construction Engineering Co., Ltd. signed a share transfer agreement to acquire Shenyang Jianyuan Heating Co., Ltd. from Beijing Huayuanyitong Thermal Technology Co., Ltd. (SZSE:002893) for CNY 11 million on February 11, 2022. The 50% of consideration will be paid within 90 days from the agreement signing date and remaining 50% before December 31, 2022. The total assets and net assets of Shenyang Jianyuan Heating Co., as of August 31, 2022, were CNY 28.06 million and CNY 8.08 million, respectively. The transaction has been approved in the 8th meeting of the Beijing Huayuanyitong Thermal Technology's 3rd directorate held on February 11, 2022, and is subject to the shareholders' approval.
Jilin Zhongmao Construction Engineering Co., Ltd. completed the acquisition of Shenyang Jianyuan Heating Co., Ltd. from Beijing Huayuanyitong Thermal Technology Co., Ltd. (SZSE:002893) for CNY 11 million on August 24, 2022.
Beijing Jingneng Thermal Co Ltd, formerly Beijing Huayuanyitong Thermal Technology Co Ltd, is a China-based company principally engaged in the provision of heat supply and energy saving technology services. The Company's principal business includes the heating project investment, heating contract management, contract energy management, energy-saving technology research and development, as well as the energy management consultancy services. The Company mainly operates its businesses in domestic markets, with North China as its main market.