Lens Technology Signs Agreement of Intent to Acquire Equity Interest
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Lens Technology Co., Ltd. has signed an agreement of intent to potentially acquire equity interests in PMG International and Yuanshi Technology. The terms, including transaction amount and acquisition method, are still under negotiation and will be finalized after due diligence. PMG International and Yuanshi Technology have confirmed their qualifications and capabilities for the server cabinet business. No formal binding agreement has been signed yet.
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