China Shenghai Group Announces Equipment Acquisition

China Shenghai Group Limited (HK:1676) has released an update.

Golden Shenghai Holdings Limited, a subsidiary of China Shenghai Group Limited, has entered into agreements for a second batch of equipment purchases totaling RMB2,027,579 to establish a beverage and refreshment bar in China. These acquisitions, when combined with earlier transactions, constitute a discloseable event according to the Listing Rules, necessitating a formal announcement due to the aggregate transactions exceeding a 5% relevance ratio but remaining under 25%.

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