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Henan Jinyuan Announces Potential Change in Controlling Shareholder

Story Highlights
  • Henan Jinyuan is in the chemical industry, focusing on hydrogenated chemicals.
  • A potential change in controlling shareholder could impact Henan Jinyuan’s control structure.
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Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H ( (HK:2502) ) has provided an announcement.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. announced a potential change in the shareholding of its controlling shareholder, Jinma Energy. Jinma Coking (BVI) Limited has entered into an agreement to sell its shares in Jinma Energy, which could impact the company’s control structure. The completion of this sale is contingent upon specific conditions, including the disposal of certain shares in the secondary market. Trading in the company’s shares was temporarily halted but is set to resume, and stakeholders are advised to exercise caution.

More about Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the chemical industry. The company is involved in the production and distribution of hydrogenated chemicals, with a focus on serving various industrial sectors.

YTD Price Performance: -46.30%

Average Trading Volume: 982,814

Technical Sentiment Signal: Strong Buy

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