According to the inquiry, Xiangcheng Investment did not acquire Jing Sheng Yuan, but signed a strategic cooperation agreement with it to develop urban construction projects in Xiangcheng District. Specifically, Xiangcheng Investment Co., Ltd. is a state-owned enterprise in Xiangcheng District of Suzhou City, mainly engaged in real estate development, investment management and engineering construction related to urban public construction. Hejing Sheng Yuan is an engineering consulting company established in 202 1, providing engineering design, construction supervision, project management and other services. From June 5438 to June 2023 10, witnessed by the Xiangcheng District Government of Suzhou City, the two sides signed a strategic cooperation agreement, and decided to carry out all-round cooperation on the urban construction projects in Xiangcheng District to promote the high-quality development of Xiangcheng District.