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GCH Technology's board approved the acquisition of a 48 percent stake in Cetc Yizhihang Chongqing Technology, a drone management platform developer, for CNY 6.2 million (USD 877,510).
Chinese polymer additives maker GCH Technology announced it will buy French chemicals firm Palmarole Trading for USD 9 million, with an additional USD 15 million investment post-closing. The acquisition aims to integrate Palmarole's sales network in Europe and the Middle East.