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On the evening of September 7, 2023, Huadong Heavy Machinery (002685. SZ) announced that the company planned to sell 100% of the equity of Guangdong Runxing Technology Co., Ltd. (hereinafter referred to as "Runxing Technology") through public listing and transfer in Shenzhen United Equity Exchange, with the initial listing price of 937 million yuan.

After the completion of this transaction, the listed company will set out the business assets of numerical control machine tools, promote the transformation and upgrading of business structure, focus on high-end equipment manufacturing based on container handling equipment and expand the business segment of photovoltaic cell modules.

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