Denox Environmental & Technology Holdings Ltd. Announces Strategy to Reduce R&D Investment in Vehicle Catalysts and Focus on Emerging Industrial Catalyst Products
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Denox Environmental & Technology Holdings Ltd. has announced a strategic shift in its financial resource allocation, reducing R&D investment in vehicle catalysts due to market competition. The company will focus on emerging industrial catalyst products to enhance financial flexibility. The Board will oversee the use of remaining funds and adjust plans as market conditions evolve, with updates to shareholders provided regularly.
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