GalaxyEdge Acquisition acquires Rongcheng Group for $344.5M

Rongcheng Group is a full-cycle waste sorting solutions provider. On March 18, 2026, GalaxyEdge Acquisition announced it would acquire Rongcheng Group for HK$2.7B ($344.5M). GalaxyEdge Acquisition is a blank check company established to effect mergers or business combinations with one or more businesses.