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Huitongda Network: Acquisition of 25% equity stake in the target company has been approved by the court
Huitongda Network Announcement: The company, as the restructuring investor, the target company, and the interim administrator, has entered into a restructuring investment agreement regarding the acquisition of 25% equity of the target company. The agreement has been approved and made effective by the court ruling. The target company has entered the implementation stage of the restructuring plan. The company will actively promote the follow-up work stipulated in the restructuring investment agreement and the restructuring plan.