Huading Nylon's controlling shareholder's concerted action party plans to publicly solicit the transfer of 15.26% of the company's shares
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The concerted action party of Huading Nylon's controlling shareholder, Zhenai Group, plans to publicly solicit the transfer of 15.26% of the company's shares, involving 169 million unrestricted tradable shares. This transfer requires approval from the state-owned assets supervision and administration department, and the likelihood and timing of approval remain uncertain
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