Arcplus Group PLC (SHSE:600629) agreed to acquire Shanghai Housing Quality Inspection Station Co., Ltd. from Shanghai Xian Dai Architectural Design (Group) Co., Ltd. on August 25, 2023. The buyer will pay the consideration in cash. Shanghai Housing Quality Inspection Station Co., Ltd. reported total assets of CNY 114.92 million and owner equity of CNY 79.36 million on June 30, 2023. Arcplus Group PLC board of directors approved the transaction. This transaction still needs to obtain the approval of this transaction issued by the Municipal State-owned Assets Supervision and Administration Commission.

Arcplus Group PLC (SHSE:600629) Completed the acquisition of Shanghai Housing Quality Inspection Station Co., Ltd from Shanghai Xian Dai Architectural Design (Group) Co., Ltd. on January 4, 2024.