BINHAI TEDA Logistics: Termination of the construction of the TEDA Green Smart Logistics Supply Chain Industrial Park project
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BINHAI TEDA Logistics announced the termination of the construction of the TEDA Green Smart Logistics Supply Chain Industrial Park project due to changes in market demand. The group will allocate resources to more profitable projects. After the termination, the wholly-owned subsidiary will renovate the site and continue operations. The board of directors believes that this decision will not have a significant adverse impact on financial performance and business operations, and is in line with the overall interests of the group and its shareholders
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