Chuanrun to acquire 75% stake in Jiangsu Ousheng Hydraulic for CNY 41.25m
Chuanrun (002272.SZ) plans to buy a 75% stake in Jiangsu Ousheng Hydraulic Technology, a maker of hydraulic plunger pumps and valves in Qidong, for RMB 41.25 million funded from internal resources.