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Provider: Wright Reports

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Jihua Group Corp Ltd Announces Restructuring of Subsidiary

Monday, 19 Aug 2013 08:00pm EDT 

Jihua Group Corp Ltd announced that it will restructure a wholly owned commercial subsidiary. The Company will acquire inventories and major liabilities of the subsidiary and sell a 60% stake in the subsidiary to an Italy-based company NT. MAJOCCI. The transaction price is not disclosed. 

Company Quote

-0.41 -3.71%
24 Apr 2015