Beijing Jingcheng Machinery Electric Co Ltd Class H (HK:0187) has released an update.
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Beijing Jingcheng Machinery Electric Co Ltd has announced the early termination of its Property Leasing Agreement with Beiren Equipment, effective December 31, 2024. The decision, driven by the need to cooperate with renovation plans for an exhibition hall, is not expected to adversely impact the company’s financial health. This strategic move reflects the company’s commitment to aligning with development zone requirements.
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