Shanghai Zhongcai Engineering Inspection Co., Ltd. and China Building Material Test & Certification Group Co., Ltd. completed the acquisition of 55% stake in Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. from Henan Zhaoting Enterprise Management Partnership.
January 03, 2022
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Shanghai Zhongcai Engineering Inspection Co., Ltd. and China Building Material Test & Certification Group Co., Ltd. (SHSE:603060) agreed to acquire 55% stake in Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. from Henan Zhaoting Enterprise Management Partnership for CNY 45.1 million on November 5, 2021. As per the transaction, Shanghai Zhongcai Engineering Inspection Co., Ltd. will acquire 51% stake for CNY 41.8 million and China Building Material Test & Certification Group Co., Ltd. will acquire 4% stake for CNY 3.3 million of Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. As on July 31, 2021, Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. generated total assets of CNY 56.8 million and net assets of CNY 20.5 million. The transaction is approved by board of directors of China Building Material Test & Certification Group Co., Ltd.
Shanghai Zhongcai Engineering Inspection Co., Ltd. and China Building Material Test & Certification Group Co., Ltd. (SHSE:603060) completed the acquisition of 55% stake in Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. from Henan Zhaoting Enterprise Management Partnership on January 4, 2022.
China Testing & Certification International Group Co Ltd, formerly China Building Material Test & Certification Group Co Ltd, is a China-based company mainly engaged in inspection and testing business and certification evaluation business. The Company is also engaged in research and development (R&D) and sales of equipment, and extension services. The inspection and testing business mainly includes the inspection fields of construction and decoration materials, construction projects, environmental safety new materials and so on. The certification evaluation business includes mandatory product certification, voluntary product certification, management system certification and others. The extension services mainly include safety production technical services, standardized technical services, capability verification, professional and technical personnel training and others. The R&D and sales of equipment business are engaged in research and sales of special instruments and equipment.
Shanghai Zhongcai Engineering Inspection Co., Ltd. and China Building Material Test & Certification Group Co., Ltd. completed the acquisition of 55% stake in Anhui Yuanzheng Engineering Inspection Technology Co., Ltd. from Henan Zhaoting Enterprise Management Partnership.
CHINA TESTING & CERTIFICATION INTERNATIONAL GROUP CO.,LTD. 
