Hangxin Technology (300424.SZ): DMH will become a wholly-owned subsidiary of Hangxin Technology in Hong Kong.

China Fortune Finance and Economics App News, Hangxin Technology (300424.SZ) announced that, for business planning and development needs, its wholly-owned subsidiary Hangxin Aviation Services Co., Ltd. (hereinafter referred to as "Hangxin Hong Kong") intends to acquire 100% equity of Direct Maintenance Holding B.V., held by Magnetic MRO Holding B.V. (hereinafter referred to as "MMROH"), a wholly-owned subsidiary of its controlling subsidiary Magnetic MRO AS (hereinafter referred to as "MMRO"). The two parties intend to sign a "Share Purchase Agreement" and a "Debt Transfer Agreement", with a total transaction price of 13.8458 million euros (approximately RMB 114 million).