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[Lens Technology: Plans to acquire 59.78% equity of PMG for US$25 million] On October 16th, Lens Technology (300433.SZ) announced that the company planned to purchase 59.7805% equity of PMG International Co., LTD. for a cash consideration of US$25 million. After the transaction is completed, PMG will become a holding subsidiary of the company and be included in the scope of consolidated statements.
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