China Oriental Group Acquires Minority Stake in Jiangsu Shentong
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China Oriental Group plans to acquire an additional 1.34% to 2.07% stake in Jiangsu Shentong Valve Co. through its subsidiary, Hebei Jinxi Iron and Steel Group. The acquisition considers strategic alignment, market price, and business prospects. The board deems the terms fair and beneficial for shareholders. This AI-generated news is informational and not financial advice.
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