Jiangnan Chemical: The company will actively promote the M&A and integration of the civilian explosives zone

Jinshi data, February 20th, Jiangnan Chemical Industry stated during the institutional research that the company will carry out the acquisition and integration of the explosive zone in two directions: first, internal restructuring, prudently promote the internal integration of military explosive materials in accordance with the commitments of the controlling shareholder and the actual controller to resolve the competition in the explosive materials industry. Second, external mergers and acquisitions, comprehensively considering various factors such as company strategy, industry situation, and the synergy between the acquisition targets and the company’s business. At the same time, the company will accelerate the implementation of the acquisition of the first-class qualification for mining engineering construction general contracting and the first-class qualification for commercial blasting operation units, enhancing the integrated service capability of mining construction general contracting.