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Zhejiang Resources (600070): To Be Publicly Listed For The Transfer Of 2 Shareholding Companies
In June 30th, Zhejiang 600070.SH announced that in order to focus on resources and develop new businesses, the company intends to transfer the 46% stake of Zhejiang holding and dyeing Co., Ltd., which is owned by the controlling subsidiary, and 51% shares of Zhejiang Fu run textile Co., Ltd., the first public listing price is not less than 359 million 626 thousand and 600 yuan. The shares of these two companies are publicly listed and transferred, and they are indivisible. The transfer of shares will be publicly listed in the equity trading center of Zhejiang province. There is uncertainty in the follow-up implementation. Investors are invited to pay attention to investment risks.
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