Keda Manufacturing announced that the company plans to acquire 51.55% of Guangdong Tefu International Holdings Co., Ltd.'s shares through the issuance of shares and cash payment, and raise supporting capital by issuing shares to no more than 35 specific investors. According to the Shanghai Stock Exchange announcement, the M&A and Reorganization Review Committee is scheduled to review the company's transaction application on August 4, 2026. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered with the China Securities Regulatory Commission before it can be implemented.

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