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Tongyizhong (688722.SH) signed an agreement to use CNY 180 million to subscribe for new registered capital in Yancheng Youhebo New Materials, acquiring a 70% stake after the capital increase.
“同益中使用自有资金人民币1.8亿元认购优和博新材料新增注册资本1.4亿元,占增资后优和博新材料注册资本70%。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.