Tang Renshen: Proposed to acquire 60% equity of Hunan Longxiang

Hunan Longxiang is a construction project builder, mainly providing construction services for housing construction projects, water conservancy and hydropower projects, outdoor sports facilities projects, urban and road lighting projects, etc. Recently, Tang Renshen announced that it intends to acquire a 60% stake in Hunan Longxiang Construction Engineering Co., Ltd. held by Guangdong Hongtang with its own funds. This acquisition is conducive to speeding up the pace of standardization of the construction process of pig farms, improving the overall project quality of pig farms, improving project construction efficiency, leveraging the advantages of centralized procurement of raw materials, reducing pig farm construction costs, and meeting the rapid growth of the company’s building and pig raising construction. need.

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