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Jiutian Chemical Group Limited ( (SG:C8R) ) has issued an announcement.
Jiutian Chemical Group Limited has announced that its ultimate controlling shareholder, Henan Energy and Chemical Industry Group Co., Ltd. (HNEC), will undergo a strategic restructuring. This restructuring, decided by the State-owned Assets Supervision and Administration Commission of Henan Province, could impact the company’s operations and market positioning, as HNEC holds a significant share in Jiutian through its subsidiaries.
More about Jiutian Chemical Group Limited
Jiutian Chemical Group Limited is a Singapore-incorporated company operating in the chemical industry. It is primarily involved in the production and distribution of chemical products, with a significant market focus in China.
Average Trading Volume: 4,633,296
Technical Sentiment Signal: Buy
Current Market Cap: S$57.66M
For an in-depth examination of C8R stock, go to TipRanks’ Overview page.