Kwung’s Holdings Limited (HK:1925) has released an update.
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Kwung’s Aroma Holdings Limited, through its subsidiary Ningbo Kwung’s, has invested RMB90 million in the Jihai Zhize Panshi Private Equity Investment Fund. This strategic move aims to leverage the company’s surplus cash reserves for long-term stable returns while maintaining investment risk control. The transaction, classified as discloseable, highlights the company’s focus on enhancing its financial portfolio.
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