Yantai North Andre Juice Co (HK:2218) has released an update.
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Yantai North Andre Juice Co., Ltd. has announced a supplemental agreement with Yantai Lin’an Trading Co., Ltd. to transfer back shares previously allocated due to a judicial enforcement error. Despite delays, the agreement aims to return these shares to the controlling shareholder, Andre Group, within 12 months without impacting the company’s control or daily operations. Shareholders and potential investors are assured that the company’s governance remains stable as it continues to monitor the situation and meet disclosure obligations.
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