
Great Shengda plans to acquire 20% equity of its subsidiary Sichuan Zhongfei for 104 million yuan

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Great Shengda plans to acquire a 20% stake in Sichuan Zhongfei held by Jiangsu Zhongcai for 104 million yuan. After the transaction, Great Shengda will hold an 80% stake in Sichuan Zhongfei. This move will help strengthen the management of its subsidiaries and improve decision-making efficiency, aligning with the company's long-term development strategy
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