
IKD's issuance of shares and cash payment for asset acquisition has been approved for registration by the China Securities Regulatory Commission

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IKD has received approval from the China Securities Regulatory Commission (CSRC) to acquire 71% equity in Zhuoerbo (Ningbo) Precision Electromechanical Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. The CSRC has agreed to the company's issuance of shares to Wang Chengyong, Wang Zhuoxing, and Zhou Yiping for the purchase of related assets, and approved the fundraising of no more than 520 million yuan
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