
SHANGHAI ENVIRONMENT plans to spend 582 million yuan to acquire a 50% stake in Chengbo Lian Company to meet the needs of a unified employment location

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SHANGHAI ENVIRONMENT announced that it plans to acquire 50% equity of Chengbo Lian Company for 582 million yuan to meet the company's unified employment location and daily office needs. The transaction will be conducted through a private agreement transfer, aiming to provide office space for the company and its subsidiaries, promote integrated management of the group, enhance corporate image, and leverage resource synergy
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