Zhitong Finance App News, Yurong Group (01536.HK) issued an announcement regarding matters relating to the company's wholly-owned subsidiary bid company planning to acquire 65% of Anhui Runsheng Electric Power Technology Co., Ltd.'s shares from Mr. Fang Haibo, at a total cost of RMB 37.5 million. As all prerequisites for the acquisition have been met, completion was realized on September 22, 2026. After completion, the company beneficially owned 65% of the target company's shares, and the target company has become an indirect non-wholly-owned subsidiary of the company, so its financial statements will be consolidated into the company's financial statements.

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