Jin Yu Che Cheng (000803): Intends To Acquire Ten Party Ring Energy, Sino Yuan Chuang Energy Equity.

Jinyu car city (000803) announced on November 5th evening, the company intends to issue shares and pay cash to buy ten party ring to 86.34% stake, and China Yuan Chuang energy 60% equity. At the same time, the company intends to raise matching funds. After the completion of the transaction, the company will establish a competitive advantage in the field of domestic waste disposal through the ten party ring energy, the Sino yuan Chuang energy entry into the organic solid waste disposal industry, and gradually develop into a high-quality environmental comprehensive management technology enterprise.