Huajin International Holdings Subsidiary in Talks for Potential Equity Investment and Operational Cooperation

Reuters
Jun 12
Huajin International Holdings Subsidiary in Talks for Potential Equity Investment and Operational Cooperation

Huajin International Holdings Ltd. is currently in preliminary negotiations regarding a potential equity investment and operational cooperation with Jiangmen Huajin Metal Trading Market Co., Ltd., its indirect wholly-owned subsidiary. The subsidiary is responsible for the operation and management of the Huajin terminal. The discussions are with an enterprise under the State-owned Assets Supervision and Administration Commission of Xinhui District, Jiangmen City, Guangdong Province, PRC. While the negotiations are still in the early stages and no formal agreements have been signed, any resulting investment could constitute a significant transaction for Huajin International. The company advises shareholders and potential investors to exercise caution.

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