Xinhua Winshare Completes State-Owned Equity Transfer

Xinhua Winshare Publishing & Media Co (HK:0811) has released an update.

Xinhua Winshare Publishing & Media Co. has completed the free transfer of state-owned equity interest by its controlling shareholder, Sichuan Xinhua Publishing and Distribution Group, along with Sichuan Cultural Investment Group. This strategic move could influence the company’s shareholding structure, with significant stakes now distributed among various shareholders. Investors are advised to remain cautious while dealing with the company’s shares.

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