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China Parenting Network Holdings Limited ( (HK:1736) ) has shared an announcement.
China Parenting Network Holdings Limited announced the disposal of its entire equity interest in certain indirect wholly-owned subsidiaries for RMB500,000. The decision was based on the subsidiaries’ unaudited net liabilities and loss-making position, and the sale is considered beneficial for the company and its shareholders. The CMMI Level 3 Certification, which the subsidiaries hold, is advantageous for the purchaser in securing government contracts, but not essential for the company’s principal business.
More about China Parenting Network Holdings Limited
China Parenting Network Holdings Limited is a company incorporated in the Cayman Islands, focusing on providing parenting-related services and products. The company operates primarily in the parenting industry, offering digital platforms and resources aimed at supporting parents in China.
YTD Price Performance: -35.00%
Average Trading Volume: 1,279,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.97M
See more insights into 1736 stock on TipRanks’ Stock Analysis page.
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