China Chuanglian Education Financial Group Limi ted (HK:2371) has released an update.
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Chuanglian Holdings Limited has announced the establishment of new contractual arrangements involving a change in registered shareholders for Beijing Chuanglian Education, with the new terms closely mirroring the existing ones. These changes are pivotal for the company’s control over economic benefits and business operations. Despite the significant percentage ratios involved, the company has secured exemptions from some of the usual regulatory compliance requirements, ensuring that financial results continue to be consolidated within the group.
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