KTK Group Co., Ltd. (603680.SH) plans to sell 100% equity of Mingxin Company for 400 million yuan.

29/12/2024

GMT Eight

KTK Group Co., Ltd. (603680.SH) announced that at the seventh meeting of the Fifth Board of Directors, they approved the proposal to sell 100% equity of its subsidiary, Jiangsu Mingxin Transportation Equipment Co., Ltd. (referred to as "Mingxin Company"), to Changzhou Heyuan Rail Technology Co., Ltd. (referred to as "Changzhou Heyuan") for a transaction price of 400 million RMB.

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Contact: contact@gmteight.com

KTK Group Co., Ltd. (603680.SH) plans to sell 100% equity of Mingxin Company for 400 million yuan.

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