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Iflytek closes deal to acquire Beijing Lezhixing Software

Iflytek Co. Ltd. on Nov. 23 closed its deal to acquire Beijing Lezhixing Software Co. Ltd. for a transaction value of 495.9 million yuan (US$71.7 million).

Guoyuan Securities Co. Ltd. was the financial adviser for Iflytek, and Tianhe Law Firm was the legal adviser.