Mingfa Group Awaits Regulatory Approval for PRC Subsidiary Board Restructuring

Reuters
Jan 30
Mingfa Group Awaits Regulatory Approval for PRC Subsidiary Board Restructuring

Mingfa Group (International) Co. Ltd. announced that two of its PRC subsidiaries have submitted applications for changes to their boards of directors to the relevant local regulatory bureau and are currently awaiting approval. The proposed restructuring at the subsidiary level will be completed after the necessary approvals are granted. The company will continue to provide monthly updates on the progress of this restructuring.

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