Tatfook Technology plans to sell a 27% stake in Peitian Intelligent Manufacturing to recover liquidity
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Tatfook Technology plans to sell 27% of its controlling subsidiary, Peitian Intelligent Manufacturing, for a transfer price of RMB 192 million. After this transaction, the company will still hold 63.49% of Peitian Intelligent Manufacturing, maintaining its controlling position. This move aims to enhance liquidity and improve operating cash flow to support the development of its main business and external expansion
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