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Which company did Chen Dong Group take over after reorganization?
According to Sina News, the draft reorganization plan of Chen Dong Group, the former top 500 private enterprise, was approved by the court. Huaxi Bio (688363) plans to expand the production capacity of hyaluronic acid through the acquisition of Dongying Foster Bio-engineering Co., Ltd., and the business of Chen Dong Group covers green energy, international trade, real estate development, construction and installation, logistics and transportation.
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