CHINA RISUN GP plans to sell Xingtai Xuyang Materials for 54.6862 million yuan
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CHINA RISUN GP announced that it will sell all the equity of its wholly-owned subsidiary Xingtai Xuyang Material New Technology Co., Ltd. for 54.6862 million yuan. Since its establishment, the company has not engaged in substantive operations and is now planning to construct a porous carbon project. The sale is expected to bring approximately 33.7693 million yuan in revenue, and the board believes that this move is beneficial for realizing the intrinsic value of the target company's assets
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