Sihui Fushi (300852.SZ) plans to absorb and merge its wholly-owned subsidiary Fushi Technology.

Zhongtong Financial News APP, Sihui Fushi (300852.SZ) announced that the company plans to absorb and merge its wholly-owned subsidiary, Sihui Fushi Technology Co., Ltd. (referred to as "Fushi Technology"). After the absorption and merger is completed, the independent legal status of Fushi Technology will be cancelled, and all of its assets, liabilities, and other rights and obligations will be legally inherited by the company.