Wang On Group Limited has announced a transaction involving the disposal of equity interests in a non-wholly owned subsidiary. The transaction is part of a Capital Reduction Agreement entered into by Century Choice, Yulin Investment, and the Target Company, Yulin Hongjin Agricultural By-products Wholesale Marketplace Limited. This agreement, dated 30 May 2025, sees a reduction in Century Choice's equity stake in the Target Company. The announcement was made jointly with China Agri-Products Exchange Limited. The boards of both companies have confirmed the details of the agreement.
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