
KUANGSHUN MATERIAL plans to transfer 100% equity of Hunan Sunshine to optimize its capital structure

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KUANGSHUN MATERIAL announced that its wholly-owned subsidiary Jiangsu Hongtai intends to transfer 100% equity of Hunan Sunshine to Hunan Xunyue, with a transfer price of 9.8 million yuan. This move aims to optimize the capital structure, integrate resources, enhance market competitiveness and operational quality, and promote sustainable development. The transaction will deepen the company's development strategy, rationally allocate resources, and drive business optimization and upgrading
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