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The State Administration for Market Regulation unconditionally approves the acquisition of Shengtong Energy Co., Ltd. by Qiteng Robotics Co., Ltd.
The State Administration for Market Regulation released a list of cases in which the merger of business operators was unconditionally approved from February 9, 2026 to February 22, 2026. These include the case involving E Fund Private Securities Fund Management Co., Ltd. and Zhuhai Runhe Zhihui Pharmaceutical Investment Co., Ltd. establishing a new joint venture, the case in which Qiteng Robotics Co., Ltd. acquires equity in Shengtong Energy Co., Ltd., the case in which Wanhua Chemical (Yantai) Battery Industry Co., Ltd. and Hubei Xingfa Chemical Group Co., Ltd. establish a new joint venture, and others. (People’s Finance News)