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Hai Rong Technology announced it will use CNY 130 million of its own funds to acquire a 55% stake in Tanghe Food (Kunshan) Co., Ltd., a baking products company indirectly controlled by Hema (China) Co., Ltd.
“海融科技发布公告,公司拟使用自有资金1.3亿元收购糖盒食品(昆山)有限公司55%股权。”i.ifeng.com
Summarized from public sources; check the original articles before acting on it.