The board of Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. explains that there have been no asset purchases or sales related to the current transaction in the past twelve months. The company plans to issue shares and pay cash to acquire 100% of Zhejiang Zhongkong Information Industry Co., Ltd. The announcement confirms compliance with regulations regarding asset transactions.
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Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. (hereinafter referred to as "the Company") intends to issue shares and pay cash to acquire 100% of Zhejiang Zhongkong Information Industry Co., Ltd. and raise supporting funds (hereinafter referred to as "this transaction").
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