Suzhou Planning & Design Research Institute (301505.SZ) plans to publicly acquire 80% equity of Kunshan Architectural Design through delisting.
Suzhou Planning (301505.SZ) announced that the company plans to use its own funds to acquire Kunshan Development Zone through public delisting.
The Suzhou Planning & Design Research Institute (301505.SZ) announced that the company plans to use its own funds to acquire 80% of the shares of Kunshan Architecture Design held by Kunshan Development Zone Guotou Holdings Co., Ltd. (referred to as "Kunshan Guotou Holdings") through an open tender. As of the evaluation reference date of April 30, 2025, the total equity value of Kunshan Architecture Design shareholders is 8.3172 million yuan.
The announcement stated that Kunshan Architecture Design and the company are in the same industry, with significant business synergies. If the transaction is completed, it will be beneficial for the company to expand its business, increase market share, enhance its continuous profitability, and consolidate and improve the company's industry position.
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