The board of directors has reviewed and approved the restructuring plan for Kanghao Mechanical & Electrical.


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It plans to acquire 100% of the equity interest in Kanghao Mechanical & Electrical; upon completion, the Group will have nine major production bases and add power units, electronic speed control, and oilfield engine businesses (subject to the official announcement).

It plans to acquire 100% of the equity interest in Kanghao Mechanical & Electrical; upon completion, the Group will have nine major production bases and add power units, electronic speed control, and oilfield engine businesses (subject to the official announcement).

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