Maohua Shihua: purchased 69% of the equity of simvoda ocean with RMB 420million
Maohua Shihua announced that the company purchased 69% of the equity of xinvoda ocean held by Xinyu investment in cash at a price of 420million yuan. Simvoda ocean has become a holding subsidiary of the company and is included in the scope of consolidated statements.
This text is a result of machine translation.
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