China Hongqiao: HONTRON's acquisition of Hongtuo Industrial has been approved by the shareholders' meeting
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Zhitong Finance APP news, China Hongqiao announced that Hongtron plans to issue new shares to the existing shareholders of Hongtuo Industrial (including Weiqiao Aluminum & Electricity) to purchase the target shares they hold and the transaction documents related to this transaction. As one of the prerequisites for this transaction, the shareholders of Hongtron approved this transaction at the shareholders' meeting held on June 9, 2025
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