RoadMainT Co.,Ltd. agreed to acquire 19.9% stake in Jilin Chengke Engineering Testing Co., Ltd. and Jilin Transportation Industry Group Co., Ltd. for CNY 8.7 million.
March 28, 2019
Share
RoadMainT Co.,Ltd. (SHSE:603860) agreed to acquire 19.9% stake in Jilin Chengke Engineering Testing Co., Ltd. and Jilin Transportation Industry Group Co., Ltd. for CNY 8.7 million on March 27, 2019. RoadMainT Co.,Ltd. agreed to acquire Jilin Chengke Engineering Testing Co., Ltd for CNY 4.8 million and Jilin Transportation Industry Group Co., Ltd. for 3.9 million. The board of RoadMainT Co.,Ltd. approved the acquisition.
RoadMainT Co., Ltd. is a China-based company principally engaged in the provision of decision-making advisory services to road maintenance industry. The Company is also engaged in the research and development, manufacturing and sales of road detection equipment, as well as the development and sales of road maintenance information system. The Company mainly provides products and services to government highway management institutions, toll road management enterprises, as well as enterprises engaged in road maintenance testing, conservation design, road maintenance consulting and maintenance construction businesses. The Company mainly operates its business in domestic market.
RoadMainT Co.,Ltd. agreed to acquire 19.9% stake in Jilin Chengke Engineering Testing Co., Ltd. and Jilin Transportation Industry Group Co., Ltd. for CNY 8.7 million.