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Industrial Technology Venture receives unconditional approval from State Administration for Market Regulation for joint venture with Xin Ri Xing
The Anti-Monopoly Enforcement Division II of the State Administration for Market Regulation has released the “List of Unconditionally Approved Concentration Cases from March 9 to March 15, 2026,” which includes the case of Foxconn Industrial Internet Co., Ltd. and Nisshin Steel Co., Ltd. establishing a new joint venture.