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Why did Taimeng acquire Yingde?

The reason for this is the following:

1. Continuously expand business scale and market share: Yingde Gas Group is one of the leading enterprises in the domestic industrial gas industry. Taimeng can rapidly expand its business scale and market share by acquiring Yingde Gas, and further enhance its competitiveness in industrial gas fields.

2. Obtain high-quality assets and resources: Yingde Gas Group has a perfect sales network, technology research and development capabilities and a stable customer base. The acquisition of Yingde Gas by Taimeng can obtain these high-quality assets and resources, which will help to enhance the overall strength and profitability of Taimeng.