Lvji Technology Acquires Significant Debts in Strategic Move

Lvji Technology Holdings, Inc. (HK:1745) has released an update.

Lvji Technology Holdings Inc. has announced that its subsidiary, Lvji Technology Group Co., Ltd., has successfully acquired non-performing debts from three enterprises in Ningxia Shuidonggou for approximately RMB44.80 million. This acquisition, made through the Anhui Assets and Equity Exchange, is considered a discloseable transaction under Hong Kong’s Listing Rules. The transaction is deemed fair and reasonable by the company’s directors and is expected to benefit shareholders.

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