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An update from Kunming Dianchi Water Treatment Co., Ltd. Class H ( (HK:3768) ) is now available.
Kunming Dianchi Water Treatment Co., Ltd. announced that its controlling shareholder, Kunming Dianchi Investment Co. Ltd., has had its shares frozen due to enforcement actions by the Huaiji People’s Court of Guangdong. This freeze, valued at RMB18 million, is part of a broader series of legal and financial challenges faced by the controlling shareholder, affecting a significant portion of the company’s equity. The freezing of shares could impact the company’s financial stability and market operations, as it restricts the transfer and management of a substantial portion of its equity.
More about Kunming Dianchi Water Treatment Co., Ltd. Class H
Kunming Dianchi Water Treatment Co., Ltd. is a joint stock company incorporated in China, focusing on water treatment services. It operates within the environmental services industry, providing essential water management and treatment solutions.
YTD Price Performance: -11.29%
Average Trading Volume: 134,102
Technical Sentiment Signal: Buy
Current Market Cap: HK$566M
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