Luoman Technologies plans to acquire a 39.23% stake in Wutong High-tech for 196 million yuan
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Luoman Technologies plans to acquire a 39.2308% stake in Wutong High-tech for 196 million yuan, after which it will become a subsidiary. The company will primarily engage in AIDC computing power infrastructure integration services. This move will help the company expand into new markets, deepen technological research and development cooperation, enhance the stability of customer partnerships, and increase diversified revenue sources and profit growth potential
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