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An announcement from Qiniu Limited ( (HK:2567) ) is now available.
Qiniu Limited has announced the establishment of new contractual arrangements with Jiaxing Kongshan and Qiniu Jiaxing’s shareholders, allowing the company to consolidate Qiniu Jiaxing’s financial results as a subsidiary. This move, aligned with prior arrangements made before the company’s listing, enables Qiniu Limited to benefit from Qiniu Jiaxing’s economic activities and maintain effective control over it. These arrangements are supported by an IPO Waiver, which exempts the company from certain regulatory requirements, thereby facilitating smoother operations with its connected entities.
More about Qiniu Limited
The Group is primarily engaged in the audiovisual cloud service, including cloud computing, storage, and delivery, in China.
YTD Price Performance: 15.73%
Average Trading Volume: 1,703,228
For an in-depth examination of 2567 stock, go to TipRanks’ Stock Analysis page.