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Kailong High Tech: Plans to acquire 70% equity of Jinwangda from Xu Zhaowang and An Yi Tuo Huangzhe through the issuance of shares and cash payment, and to issue shares to the company's actual controller Mr. Zang Zhicheng to raise supporting funds. Upon completion of the transaction, Jinwangda will become a controlling subsidiary of the listed company. Stock resumption
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