
ZHONGSHE plans to acquire 51% equity in Jiaojian New Materials to enhance its business strength

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ZHONGSHE plans to acquire 51% equity of Wuxi Jiaojian New Materials for a total transaction price of 68.85 million yuan. This acquisition will enhance the company's strength in the field of new road materials and construction, integrate business segments and customer resources, improve the synergy of the industrial chain, and promote the company's long-term development
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