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GoldOrange: Intends to Acquire 55% Stake in Summit with RMB 179 Million in Cash
1 hour ago /
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Author：小编
The GoldOrange board of directors has given the green light to revise the asset acquisition plan. Under this plan, GoldOrange will acquire a 55% stake in Changchun Summit Optoelectronic Technology Co., Ltd. by paying RMB 179 million in cash. In the business realm, this deal is neither classified as a related-party transaction nor a major asset restructuring. Once the acquisition is finalized, Summit will transform into a subsidiary under GoldOrange's control. Summit is a company that focuses on precision optoelectronic control products, with its primary products including fast steering mirrors. Additionally, it has ventured into fields such as high-precision galvanometer scanners.
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