Onewo Expands with Major Equity Acquisition

Onewo, Inc. Class H (HK:2602) has released an update.

Onewo, Inc. has announced a significant equity transfer agreement, where Shenzhen Vanke Service will acquire 75% of Fuke Industrial from Vanke Industrial Development. This transaction will result in Fuke Industrial becoming a subsidiary of Onewo, enhancing its consolidated financial standing. However, Wanhe Tiannuo, partially owned by Fuke Industrial, will not be included in this consolidation.

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