Chiho Environmental Group Limited (HK:0976) has released an update.
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Chiho Environmental Group Limited has issued a clarification stating that the disposal of assets by Loncin Restructuring Companies, including shares of Chiho held by USUM Investment Group, is incomplete due to a legal challenge. The company asserts that the restructuring will not materially affect its operations or financial health and will keep shareholders informed of further developments. Investors are cautioned to trade carefully with the company’s shares.
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