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Huasu Holdings plans $3.5 million acquisition of 51% New Energy stake

Verifying
  • Huasu Holdings plans to acquire a controlling stake in Ningxia Junfeng New Energy Technology.
  • The proposed 51% stake is valued at 23.7048 million yuan, approximately $3.5 million.
  • Huasu Holdings disclosed the planned transaction on the evening of Sept. 23.
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