Wenzhou Kangning Plans RMB31.45 Million Connected Property Purchase for Teaching and Research
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Wenzhou Kangning Hospital Co plans to acquire a property for RMB31.45 million from Guoda Investment to enhance its teaching and research capabilities. The transaction requires shareholder approval at the upcoming AGM and is classified as a connected transaction due to director Guan Weili's majority ownership in Guoda. An independent committee will assess the deal's fairness, with related parties abstaining from voting to protect minority investors.
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