SYNTRUST GK (08629) plans to acquire a construction project testing and inspection service provider for 10.71 million yuan.

SYNTRUST GK (08629) announced that on December 29, 2025, the company entered into a stock transfer agreement with the seller, Gaozhou Anjian State-owned Assets Operating Limited Company. The seller conditionally agreed to sell 51% equity of the target company Gaozhou Gaixin Engineering Testing Limited Company for a total price of 10.71 million RMB. Upon completion, the target company will become a non-wholly owned subsidiary of the company, and the financial performance of the target company will be consolidated in the group's financial statements. The target company is mainly engaged in providing construction engineering testing and inspection services in Gaozhou City. The board of directors is actively considering and exploring opportunities to expand into other cities in western Guangdong. After detailed research and discussions with the target company, the directors believe that there is strong demand for testing and inspection services in Gaozhou City. The target company is a mature enterprise with the necessary qualifications, an established customer base, and an experienced operational team. The board of directors believes that the acquisition will allow the company and the target company to utilize the company's rich experience in providing construction engineering testing and inspection services, as well as the target company's strong position in Gaozhou City, to develop the testing and inspection services market in Gaozhou City.