Cinda International Completes Asset Disposal

Cinda International Holdings Limited (HK:0111) has released an update.

Cinda International Holdings Limited has reported the disposal of Asset-Backed Securities by its direct subsidiary, Cinda International (Shanghai), totaling approximately RMB 20 million, for a slight gain on the open market. The transaction also involved a connected transaction where a standard transaction commission was paid to Cinda Securities, which is connected to the company, but this did not require shareholder approval due to its minimal impact on the financial ratios.

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