Fulongma (603686.SH) plans to acquire 100% of the environmental protection and environmental protection shares for 257 million yuan to integrate equipment business industry chain resources

Zhitong Finance App News, Fulongma (603686.SH) announced that the company plans to acquire 100% of the shares of Fujian Huanhai Environmental Protection Equipment Co., Ltd. (“Huanhai Environmental Protection”) through cash payment, with a transaction consideration of 255 million yuan. Among them, the counterparties in this transaction include Fujian Huanhai Investment and Real Estate Co., Ltd., Wang Donghai, Liu Zhika, Zhao Lingbing, Jiang Dingyi, Lin Ruchun, Zhang Yanchai, and Lin Rongqing hold a total of 9462% of the shares. The related parties Zhang Guizhou, Zhang Xiaolan, and Zhang Xiaoxia hold a total of 6.153.838% equity, funded by own sources Funding and self-financing. After the acquisition is completed, the target company will become a wholly-owned subsidiary of the company.

The purpose of this transaction is to further integrate the company's equipment business industry chain resources through equity acquisition, reduce the dependence of the core processing chain on the external cooperation model, and enhance the overall competitiveness and sustainable profitability of the company's equipment manufacturing business: the supply side can lock in core processing capacity, avoid the risk of unstable external supply, and ensure the scheduling and delivery of the company's equipment orders; the cost side can integrate the upstream procurement scale, optimize the cost structure, and reduce the unit production cost; the quality and technology side can strengthen the unified management of key processes and quality control standards, stabilize product quality, reduce product defect rates, and guarantee technical data Integrity and security.