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[Huichuangda: Plans to acquire 100% equity of Chuncao Technology. The transaction is still in the planning stage] On September 30, Huichuangda (300909.SZ) announced that the company plans to acquire 100% equity of Dongguan Chuncao Grinding Technology Co., Ltd. in cash through a combination of direct acquisition and indirect acquisition. After the transaction is completed, Chuncao Technology will become a wholly-owned subsidiary of the company and be included in the consolidated statements. Chuncao Technology is mainly engaged in grinding and polishing intelligent surface treatment equipment, automated production lines and polishing consumables. Its customers include Foxconn, Lens Technology, Luxshare Precision, Bourne Optics, BYD, etc.
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