CR Construction Group Holdings Ltd. announced a significant transaction involving the formation of a joint venture (JV) company. On June 23, 2025, the company, along with its wholly-owned subsidiary Zhejiang Construction Investment Environment Engineering Company Limited (ZCIEE), entered into a Capital Increase Agreement with the JV Company and the Original JV Shareholder. This agreement is part of a strategy to enhance its involvement in building construction, repair, maintenance, and environmental facility projects across Hong Kong, Malaysia, the United Kingdom, and China. The company's primary focus remains on contractor services, sewage treatment, and water distribution infrastructure. The transaction marks a notable step in CR Construction Group's expansion and collaboration efforts within the industry.