
Hengerda New Materials Fujian, Tiangong International Enter Strategic Partnership

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Hengerda New Materials Fujian signed a strategic cooperation framework agreement with Hong Kong-listed Tiangong International . The deal focuses on joint research and development and industrial applications in powder metallurgy, cutting tools and precision grinders, according to a Thursday filing with the Shenzhen bourse. Shares of the metalworking machinery maker closed 2% higher Thursday.
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