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Huaxing Yuanchuang: Plans to acquire 39% equity of Pu Ses for 206 million yuan to achieve control
Mars Finance News, April 23 — Huaxing Yuan Chuang announced that the company plans to acquire a 39% stake in Wuhan Pusais Electronic Co., Ltd. with 206 million yuan in cash. Previously, the company already held a 12% stake in Pusais. After the completion of this transaction, the company will hold a 51% stake in Pusais, and Pusais will be included in the company’s consolidated financial statements. This transaction does not constitute an associated transaction or a major asset reorganization, has been approved by the board of directors, and does not require shareholder approval. The target company specializes in testing equipment for optoelectronic semiconductors and power semiconductors. (Company Announcement)