Mingfa Group (International) Co. Ltd. (HK:0846) has released an update.
Mingfa Group (International) Co. Ltd. is nearing the completion of a restructuring process for the boards of directors of its PRC subsidiaries, with only three remaining subsidiaries awaiting local regulatory approval. The company has committed to providing monthly updates on this significant corporate governance endeavor. This restructuring is expected to enhance the management and strategic direction at the subsidiary level once fully implemented.
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