en.Wedoany.com Reported - On July 3, BBMG Jidong (000401) announced that its subsidiary, BBMG Concrete Group Co., Ltd. (hereinafter referred to as Concrete Group), has successfully completed the industrial and commercial registration procedures for the equity acquisition, marking the implementation of the company's controlling stake in the concrete business segment and a further step in the construction of its integrated industrial chain.
According to the announcement, the company previously held the 25th meeting of the 10th Board of Directors, which reviewed and approved the related-party transaction plan to acquire a 21% equity stake in Concrete Group: the company will acquire a 6% equity stake held by Beijing BBMG Group Co., Ltd. and a 15% equity stake held by Jidong Development Group Co., Ltd., with the transaction price based on the final appraised asset valuation results after filing.
Recently, Concrete Group has completed the industrial and commercial registration procedures. The key registration information shows that the enterprise name is BBMG Concrete Group Co., Ltd., the unified social credit code is 911302216720734215, the enterprise type is other limited liability company, the registered capital is 4,015,842,574.98 yuan, and the registered address is located east of Rengezhuang Village, Fengrun District, Tangshan.
In terms of business scope, Concrete Group covers the production and sales of cement products, non-metallic mineral products, concrete components, and building blocks, while also including diversified supporting businesses such as equipment leasing, property leasing, technology research and development, software development, charging facility operation, and photovoltaic power generation services; licensed businesses encompass power supply, power generation, road freight transport, and other sectors, with a business scope covering building materials production, new energy supporting services, comprehensive services, and other fields, demonstrating strong industrial extensibility.
It is reported that after the completion of this equity acquisition, BBMG Jidong will achieve controlling interest in Concrete Group and strengthen upstream and downstream business synergy capabilities.
