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Rongqi Technology announced a plan to acquire 60% equity of Shanghai Deqishun Precision Machinery Equipment Co., Ltd. for 562 million yuan in cash. The proposal was approved by the board and needs shareholder approval.
“The target company of this transaction is one of the few domestic companies that has achieved mass production and supply of polymer and metal precision components for semiconductor equipment.”en.5iter.com
Summarized from public sources; check the original articles before acting on it.