According to the Zhitong Finance App, Aike Co., Ltd. (300889.SZ) announced that the company plans to issue shares and pay cash to purchase 100% of Dongguan Sixiang's shares and raise supporting capital from shareholders of Dongguan Sixiang Insulation Materials Co., Ltd. The company recently received the “Approval for Registration of Agreeing to Issue Shares to Purchase Assets and Raise Supporting Funds” issued by the China Securities Regulatory Commission, agreeing to the company's registration application to issue shares to specific targets to purchase related assets, and agreeing that the company should issue shares to raise no more than 1.23 billion yuan in supporting capital.

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