[Chin-Mei] Subsidiary Puzhen Construction Decides to Merge with Qingeng Construction
Key facts
- [Chin-Mei] Subsidiary Puzhen Construction Decides to Merge with Qingeng Construction
- Chin-Mei Group announced that its real estate development subsidiary, Puzhen Construction, will absorb Qingeng Construction to enhance operational efficiency.
- Source: PR Times
- Date: June 5, 2026
Direct answer
Chin-Mei Group announced that its real estate development subsidiary, Puzhen Construction, will absorb Qingeng Construction to enhance operational efficiency.
- Citation
- [Chin-Mei] Subsidiary Puzhen Construction Decides to Merge with Qingeng Construction (June 5, 2026), PR Times
- Source
- PR Times
- Date
- June 5, 2026
Chin-Mei Group announced that its real estate development subsidiary, Puzhen Construction, will absorb Qingeng Construction to enhance operational efficiency.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 09:00
- 🔍 Collected: June 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 6, 2026 at 14:24 (6h 24m after Collected)
1. Type of M&A: Simple merger.
2. Date of occurrence: June 5, 2026.
3. Participants: Surviving company is Puzhen Construction Co., Ltd.; dissolved company is Qingeng Construction Co., Ltd.
4. Purpose: To conduct organizational restructuring within the group, improve operational efficiency, and enhance management performance.
5. Impact: No significant impact on the net value per share or earnings per share of Puzhen Construction. The merger reference date is scheduled for September 4, 2026.
2. Date of occurrence: June 5, 2026.
3. Participants: Surviving company is Puzhen Construction Co., Ltd.; dissolved company is Qingeng Construction Co., Ltd.
4. Purpose: To conduct organizational restructuring within the group, improve operational efficiency, and enhance management performance.
5. Impact: No significant impact on the net value per share or earnings per share of Puzhen Construction. The merger reference date is scheduled for September 4, 2026.
FAQ
What is the impact of the restructuring by Chin-Mei?
The merger between Puzhen Construction and Qingeng Construction aims to improve operational efficiency and optimize management. It has no direct impact on external shareholders.
What is the procedure for this merger?
It is being conducted as a 'simple merger' under Article 19 of the Business Mergers and Acquisitions Act. Puzhen Construction will be the surviving entity.
When is the merger expected to be completed?
The merger reference date is currently scheduled for September 4, 2026.