HUAZHANG TECH invested 95.69 million to participate in bankruptcy reorganization and will wholly own Baoshan Xinshi Tai Paper Industry
I'm PortAI, I can summarize articles.
HUAZHANG TECH announced an investment of 95.69 million yuan to participate in the bankruptcy reorganization of Baoshan Xinshi Tai Paper Industry, becoming its wholly-owned subsidiary. According to the reorganization agreement, the investment will be used to pay off debts, which will improve the recovery rate of outstanding debts and achieve strategic integration and expansion. The board of directors believes that this move will optimize asset returns, enhance market competitiveness, and promote organic growth
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments