Haining Hengsen, a Subsidiary of Kasen International, Engages in Property Transfer Agreement with Huafeng

Reuters
06-18
Haining Hengsen, a Subsidiary of Kasen International, Engages in Property Transfer Agreement with Huafeng

Haining Hengsen, a wholly-owned subsidiary of Kasen International Holdings Limited, has entered into a Property Transfer Agreement to dispose of land, including buildings and equipment, to Huafeng Economic Cooperative of Xieqiao Town, Haining City. The transaction amounts to RMB56,069,142. Haining Hengsen is primarily involved in the production of furniture and glass fiber-reinforced plastic products, as well as wood processing. The proceeds from this disposal will be allocated to the Group's general working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kasen International Holdings Limited published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.

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