ST Dvision's subsidiary Dvision Ronghui plans to sell a 35% stake in Shaanxi Yanzhong
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ST Dvision's subsidiary Dvision Ronghui plans to sell its 35% equity stake in Shaanxi Yanzhong for 50,000 yuan, and will no longer hold any equity in the company after the sale. This move is aimed at expanding business boundaries and acquiring companies with general contracting qualifications to develop new businesses. In recent years, the company's business model has transformed, gradually reducing such operations, hence the decision to transfer the equity
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