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EGOC announcement in future acquisition of PB International, intention in injection of high-quality assets, to prepare for upcoming transition to another board
EGOC announcement in future acquisition of PB International, intention in injection of high-quality assets, to prepare for upcoming transition to another board.
About this update from Energy 1 Corp.
[{"type":"text","content":"\n\n\n\nEGOC announcement in future acquisition of PB International, intention in injection of high-quality assets, to prepare for upcoming transition to another board\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEGOC announcement in future acquisition of PB International, intention in injection of high-quality assets, to prepare for upcoming transition to another board\nPR Newswire\nSHANGHAI, July 26, 2022\n\n\n\nSHANGHAI, July 26, 2022 /PRNewswire/ -- Energy 1 Corp. (OTC: EGOC), announced that it will be acquiring the PB International Enterprise Limited (the \"Group\"), of which PB International Enterprise Limited (\"PB International\") is an excellent global innovative business service provider.\nAs a connector, the Group, through this acquisition, is expected to assist EGOC in accelerate its establishment as a global strategic centre in the Asia-Pacific region. EGOC, based on the world's freest commercial and trade port, will combine with international and deeply subdivided business services, and allows to empower the Group's domestic industrial chain to upgrade, in order to expect and realize its superposition and reorganization of the advantageous resources of multiple cash cow industries. The innovative business solutions by PB International will be able to deeply complementary with future development of EGOC, it also will deeply cultivate with future advantageous chain, anticipates in return more excellent products and services to customers worldwide, and also layout a solid foundation of future international development for EGOC.\nThe acquisition anticipates to allow EGOC to focus on advantageous industries and to achieve a good match between potential scale expansion and synergistic growth, while EGOC could actively prepare itself for upcoming transition. Through future injection of high-quality assets, it is expected costs can be reduced due to integration in industrial chain with scientific and with more efficient operation. Through such efforts, attention and rating recognition will be anticipated to brought to investors in the global capital market....