Beijing Holdings (00392) plans to acquire 100% equity of Beijing Beiran Special Equipment Inspection and Testing Co., Ltd. for RMB 54.6 million.

CapitalVid Finance APP News, Beijing Holdings (00392) announced that on November 12, 2025, the Company's wholly-owned subsidiary Beijing Gas, as the buyer, signed an equity acquisition agreement with North Control Group's wholly-owned subsidiary North Fuel Industry, as the seller. Beijing Gas agreed to acquire 100% equity of Beijing North Fuel Special Equipment Inspection and Testing Co., Ltd. held by North Fuel Industry. The transaction price for the equity acquisition is RMB 54.6 million (transaction price), which will be paid in cash in a lump sum within 15 working days after the completion of property rights transfer of the target company, using Beijing Gas's own funds.