Shenyang Public Utility Holdings Co. Ltd. Expands with Acquisition of 51% Stake in Guangzhou Zhudao Property Management

Reuters
2025.07.25 10:59
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Shenyang Public Utility Holdings Co. Ltd. has acquired a 51% stake in Guangzhou Zhudao Property Management, enhancing its operations. This acquisition, finalized on July 23, 2025, allows the company to consolidate the financial results of Guangzhou Zhudao and its subsidiary, Shijiazhuang Runhua, into its financial statements. The board views this as a crucial step in their growth strategy.