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Jul 29, 2021 04:15 PM (GMT+8) · EqualOcean
*St Boxin announced that recently, Hangzhou xindunbao, a wholly-owned subsidiary of the company, signed the equipment procurement framework agreement with Zhejiang Huba. Hangzhou xindunbao plans to purchase 6 tower cranes from Zhejiang Huba for leasing to the phase II EPC project of Hangzhou International Expo Center, with an estimated total amount of RMB 18 million (including tax). The equipment purchase constitutes a major asset restructuring stipulated in the administrative measures for major asset restructuring of listed companies.