North Rare Earth Denies Asset Restructuring with Baogang Shares
North Rare Earth addressed inquiries regarding potential asset restructuring with Baogang Shares during a performance briefing on May 20. According to Jin10, the company stated it has never heard of such plans. Recently, authorities have initiated special measures to enhance network ecosystem governance, emphasizing the need to combat online chaos that pollutes social atmosphere and infringes on interests. Efforts are being made to sever profit and industry chains, eliminating the conditions that allow such issues to thrive, and to continuously foster a clean and upright online environment.
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