China Oriental Group Acquires Additional 0.39% Stake in Jiangsu Shentong

Reuters
2025.12.22 09:24
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China Oriental Group's subsidiary, Jinxi Heavy Industry, acquired 0.39% of Jiangsu Shentong Valve Co. via Shenzhen Stock Exchange. The acquisition exceeds 0.1% but is less than 5% under Hong Kong Listing Rules, requiring reporting but not shareholder approval. Related parties abstained from voting due to connections.