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Mingfa Group Updates on PRC Subsidiaries’ Board Restructuring

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Mingfa Group (International) Co. Ltd. ( (HK:0846) ) has provided an update.

Mingfa Group (International) Co. Ltd. has announced a progress update on the restructuring of the boards of directors for its PRC subsidiaries. As of the latest announcement, two subsidiaries are awaiting approval from local regulatory bureaus to finalize changes in their board directors. The completion of this restructuring is contingent upon receiving these approvals, and the company plans to provide monthly updates on the progress.

More about Mingfa Group (International) Co. Ltd.

Mingfa Group (International) Co. Ltd. is a company incorporated in the Cayman Islands, operating in the real estate and property development industry. The company focuses on developing residential, commercial, and hotel properties primarily in China, aiming to cater to the growing demand in urban areas.

YTD Price Performance: -33.53%

Average Trading Volume: 168,199

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$700.7M

See more insights into 0846 stock on TipRanks’ Stock Analysis page.

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