Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities

Reuters
13 Jun
Baiying Holdings Group Ltd. Completes Disposal of Target Group, Ceases Interest in Entities

Baiying Holdings Group Ltd. has announced the completion of the disposal of its Disposal Target Group. Following the completion of this transaction, Baiying Holdings no longer holds any direct or indirect interest in the members of the Disposal Target Group. As a result, these entities will no longer be included in Baiying's consolidated financial statements. The completion took place on June 13, 2025, with all conditions under the Sale and Purchase Agreement fulfilled and the consideration paid in full by the purchaser. The announcement was made by the company's Chairman, Zhou Shiyuan.

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