Hopewind Electric: Plans to acquire 100% equity of Morning Star Industry for 214 million yuan

Xingchen Industry is an electrical machinery and equipment manufacturer, mainly engaged in electrical machinery and equipment manufacturing business, production and sales of high-end hardware, power electronic components, optoelectronic device products. Recently, Hopewind Electric announced in the evening that it plans to acquire 100% equity of Morning Star Industry held by Morning Star Development at a price of 214 million yuan.

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