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Cixing Acquired Dongguan Zhongtian Automation Robot System Integration.

Event description.

Ningbo Cixing Co., Ltd announced that it plans to subscribe for 60% of the shares of Dongguan Zhongtian Automation Technology Co., Ltd for RMB 10.8 million. Zhongtian promised that the estimated net profit for 2015-2017 will be no less than RMB 1.8 million, RMB 2.8 million and RMB 4.2 million respectively.