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Qingdao Fengguang Precision Machinery Co., Ltd. plans to acquire a 51% equity stake in Beijing Weishi Shenlan Technology Co., Ltd. for 112 million yuan in cash, gaining control of the company.
“Upon completion of the transaction, Fengguang Precision will gain control of Weishi Shenlan.”news.metal.com
Summarized from public sources; check the original articles before acting on it.