Strong Petrochemical Holdings Limited (HK:0852) has released an update.
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Strong Petrochemical Holdings Limited is embroiled in legal proceedings as shareholder Mr. Yao Guoliang challenges his removal as director of Forever Winner International Ltd. The legal action, targeting key figures like Mr. Wang Jian Sheng, seeks to preserve the current status and prevent Ms. Xia Yongling from exercising director powers at FWI. This dispute highlights potential conflicts that could impact investor confidence in the company’s governance.
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