China Dongxiang (Group) Co (HK:3818) has released an update.
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China Dongxiang (Group) Co., Ltd. has announced an update on its continuing connected transactions, revealing a shift in distribution and sales strategy for its sport-related products. The company is transitioning from Mai Sheng Yue He to Beijing Yi Jing Yi Dong and Beijing Jun Ling, as the new distributors under their existing framework agreements. These changes are set to take place from April 2024, with all other terms of the agreements remaining unchanged.
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