Huichuangda announced that the 14th meeting of the fourth board of directors of the company deliberated and passed the relevant bill to acquire 100% of the shares of Dongguan Chuncao Grinding Technology Co., Ltd. through a combination of direct acquisition and indirect purchase in cash to expand the industrial layout and find new performance growth points. The company plans to sign an acquisition framework agreement with the parties involved in the transaction. Currently, the deal is in the planning stage.

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