Jinpu Landscape Architecture Co.,Ltd. (SZSE:301098) intends to acquire 30% stake in Guangxi Jinpu Garden Co., Ltd. from Qinzhou Huangma Urban Development Investment Co., Ltd. for CNY 6 million on June 30, 2023. Jinpu Landscape Architecture will use own fund for this acquisition. Guangxi Jinpu Garden has reported total assets of CNY 30.0012 million, net assets of CNY 21.2 million, operating income of CNY 4.12 million and net loss of CNY 55.88 million on December 31, 2022.

The board of Jinpu Landscape Architecture has approved the deal at 19th meeting of the fourth board of directors and the 15th meeting of the fourth board of supervisors held on June 30, 2023.