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Shanghai Dazhong’s Strong Q3 and Low-Risk Contract

Shanghai Dazhong’s Strong Q3 and Low-Risk Contract

Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H (HK:1635) has released an update.

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Shanghai Dazhong Public Utilities (Group) Co., Ltd. has released its unaudited financial results for the third quarter of 2024, reporting compliance with PRC Accounting Standards. The company also provided an update on its Domestic Factoring Business Contract, confirming a satisfactory credit assessment of Dazhong Wanxiang, which suggests a low credit risk for this agreement.

For further insights into HK:1635 stock, check out TipRanks’ Stock Analysis page.

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