May 20, 2022 03:55 PM (GMT+8) · EqualOcean
Taoli bread announced that the company held the fourth meeting of the sixth board of directors on May 20, 2022, considered and approved the proposal on canceling the wholly-owned subsidiary, and agreed to cancel the wholly-owned subsidiary Hefei Taoli bread Co., Ltd. (hereinafter referred to as "Hefei Taoli"). The reason is: according to the company's current actual operation and subsequent business development planning, in order to optimize resource allocation and asset structure, reduce management costs and improve operation and management efficiency.