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Tongyu Communication

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  1. 2026

    Tongyu Communication announces planned acquisition of a stake in Jiaxian Communication

    Tongyu Communication announced a planned acquisition of approximately 25% of Jiaxian Communication for RMB 300 million. The transaction is structured in two stages: an initial 15% stake for RMB 180 million, followed by an option to acquire a further 10% for RMB 120 million. If completed, Jiaxian Communication would become an associated company of Tongyu Communication and would not be consolidated.

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