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Demingli Plans RMB 400 Million Investment in Hongqixin, Agreement Not Yet Signed
14 hour ago /
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Author：小编
Demingli has announced that it plans to invest alongside related parties and a core employee investment platform in Shenzhen Hongqixin Technology Co., Ltd., and to sign a Strategic Cooperation Agreement. The company intends to contribute RMB 400 million. Upon completion of the transaction, Demingli is expected to hold a 7.055918% equity interest in Hongqixin. Hongqixin will become an associate company and will not be consolidated into Demingli's financial statements. The board of directors has reviewed and approved this matter, and it does not need to be submitted to the shareholders' meeting for review.
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