Xinyang Maojian Group (HK:0362) has released an update.
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Xinyang Maojian Group is planning to sell its 90% share in Heihe Longjiang Chemical Limited due to its poor financial performance. This strategic move aims to improve cash flow and focus on new business ventures. The sale is still under negotiation, and shareholders are advised to stay informed as the situation develops.
For further insights into HK:0362 stock, check out TipRanks’ Stock Analysis page.