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The latest announcement is out from Shandong Molong Petroleum Machinery ( (HK:0568) ).
Shandong Molong Petroleum Machinery Company Limited announced a significant reduction in shareholding by its shareholder, Zhimen Holdings, and associated parties, totaling 13.3866% of the company’s total share capital. Despite this reduction, Zhimen Holdings and its concert parties are not the controlling shareholders, and the change will not affect the company’s governance structure, shareholding structure, or continued operations.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited operates in the petroleum machinery industry, focusing on the production and supply of equipment and machinery for the oil and gas sector.
Average Trading Volume: 12,573,511
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.82B
See more data about 0568 stock on TipRanks’ Stock Analysis page.
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