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ZGCMC plans to pay RMB 182 million in cash to acquire a 40.9993% equity stake in Shenzhen Ruibo Automation Equipment Co., Ltd., increasing its total stake to 51% and making it a controlled subsidiary. Shenzhen Ruibo specializes in semiconductor packaging equipment.
“ZGCMC announced that it plans to pay RMB 182 million in cash to acquire a 40.9993% equity stake in Shenzhen Ruibo Automation Equipment Co., Ltd.”longbridge.com
Summarized from public sources; check the original articles before acting on it.