The acquisition agreement's conditions have all been satisfied, with completion occurring on July 21, 2026. Following the completion, the target company, Haomin Investment Holdings Limited, has become a wholly-owned subsidiary of the company. Consequently, the seller no longer holds any direct interest in the target entity. With this step, the company now indirectly holds a 51% equity stake in Futong Optoelectronic Technology (Hangzhou) Co., Ltd.
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