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Shenyang Fuchuan Precision Equipment Co., Ltd. (Fuchuan Precision) announced it will lead a group of co-investors to acquire 80.8% of Zhejiang Puxin for approximately 3 billion yuan, based on a 3.8 billion yuan valuation of Zhejiang Puxin. Zhejiang Puxin indirectly controls Compart Systems Pte. Ltd., a global leader in gas delivery system components for semiconductor equipment.