BO YUAN: Plans to absorb and merge its wholly-owned subsidiary Weifang Rongyuan
BO YUAN announced that the company plans to legally absorb and merge its wholly-owned subsidiary Weifang Rongyuan New Materials Co., Ltd. After the absorption and merger are completed, Weifang Rongyuan's independent legal status will be canceled, and all its assets, claims, debts, etc. will be legally inherited by the company. This absorption and merger will help the company integrate resources, improve asset operation efficiency, optimize the organizational structure, and enhance management efficiency
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