New Progress of BBMG Jidong's Acquisition of 21% Equity of BBMG Concrete

2026-07-03 14:06:48

The Company acquired 6% equity interest in BBMG Concrete Group Co., Ltd. from BBMG Group Co., Ltd. and 15% equity interest in Concrete Group from Jidong Development Group Co., Ltd. The relevant pricing is subject to the asset valuation results after filing.

On the evening of July

2, Jinyu Jidong announced that the company held the 25th meeting of the 10th Board of Directors to consider and adopt the Bill on the Acquisition of 21% Equity and Related Transactions of Jinyu Concrete Group Co., Ltd. The Company acquired 6% equity interest in BBMG Concrete Group Co., Ltd. from BBMG Group Co., Ltd. and 15% equity interest in Concrete Group from Jidong Development Group Co., Ltd. The relevant pricing is subject to the asset valuation results after filing.

Recently, the Concrete Group has completed the registration procedures for industrial and commercial changes.

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Correlation

The Company acquired 6% equity interest in BBMG Concrete Group Co., Ltd. from BBMG Group Co., Ltd. and 15% equity interest in Concrete Group from Jidong Development Group Co., Ltd. The relevant pricing is subject to the asset valuation results after filing.

2026-07-03 14:06:48

The pricing of this transaction is based on the results of professional evaluation. After evaluation, the evaluation value of 100% shareholders'equity of Concrete Group is 1.603 billion yuan, which has been put on record for the evaluation of state-owned assets. Accordingly, the price of 6% equity is 96.1521 million yuan and the price of 15% equity is 240 million yuan.

2026-03-30 09:51:14