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Futrong Precision: Intends to Purchase 65% Equity Share in Shanghai Riyang for 189 Million Yuan
6 hour ago /
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Author：小编
On May 26, Futrong Precision unveiled its intention to purchase a 65% equity stake in Shanghai Riyang through a cash transaction amounting to 189 million yuan. Once the deal is finalized, Shanghai Riyang will transform into its majority-owned subsidiary and will be incorporated into the consolidated financial statements.
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