
Hongdou Industrial plans to acquire the online business asset group of Hongdou Home

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Hongdou Industrial plans to purchase the divested online business asset group of Wuxi Hongdou Homewear Co., Ltd. and its subsidiaries for a transaction price of 485 million yuan, based on an assessed value of 493.39 million yuan, plus unpaid related payables of 31.1157 million yuan, minus uncollected related receivables of 39.7375 million yuan
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