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Mingfa Group Advances Restructuring of PRC Subsidiaries’ Boards

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Mingfa Group Advances Restructuring of PRC Subsidiaries’ Boards

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Mingfa Group (International) Co. Ltd. ( (HK:0846) ) has shared an update.

Mingfa Group (International) Co. Ltd. has announced a progress update on the restructuring of the boards of directors of its PRC subsidiaries. As of the announcement date, two subsidiaries have submitted applications for director changes, pending approval from local regulatory authorities. The restructuring aims to enhance governance at the subsidiary level and will be completed once approvals are granted. The company plans to provide monthly updates on the restructuring process.

More about Mingfa Group (International) Co. Ltd.

Mingfa Group (International) Co. Ltd. is a company incorporated in the Cayman Islands, operating in the real estate industry. The company is involved in the development and management of properties, with a focus on expanding its market presence in the People’s Republic of China (PRC).

Average Trading Volume: 192,621

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.01B

For a thorough assessment of 0846 stock, go to TipRanks’ Stock Analysis page.

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