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Jinyi Technology has announced its intention to acquire 100% equity of Chelutong Technology for a cash payment of RMB 74.424 million. Chelutong Technology, a specialist in the realm of intelligent connected vehicles and smart transportation, currently operates in the red but holds promising future prospects. The performance commitment party has assured that from 2025 to 2027, Chelutong's net profit will not fall below RMB 6.2982 million, RMB 15.6987 million, and RMB 23.3232 million, respectively, while its operating revenue will exceed RMB 84.2849 million, RMB 135 million, and RMB 196 million, respectively. Jinyi Technology emphasized that this acquisition will enable the company to align with the growth trajectory of the intelligent transportation industry, significantly broaden its business horizons, and bolster its core competitiveness.
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