Sinotruk Hong Kong (HK:3808) has released an update.
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Sinotruk Hong Kong has announced a change in its immediate controlling shareholder as China National Heavy Duty Truck Group Company Limited (CNHTC) has taken direct ownership of a 51% stake in the company from Sinotruk BVI. The transaction, completed on December 24, 2024, was carried out at no cost and does not impact the company’s financial position or operations. Investors should note that CNHTC remains the controlling shareholder, ensuring stability for the company.
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