-+ 0.00%
-+ 0.00%
-+ 0.00%
Dashang Co., Ltd. announced that Daqing Xinmart, a holding subsidiary of the company, plans to sign a “General Construction Contract” with the relevant party Guohe Group. The total amount of the contract including tax is 183 million yuan, and the funding source is self-raised. Due to the uncertainty of underground construction, the upper limit of unforeseen expenses in the later stages is 8 million yuan. The transaction has been reviewed by the board of directors, has not met the criteria for shareholders' review, and does not constitute a major asset restructuring. The purpose is to expand business space, etc., which is in line with the company's development direction and will not have an adverse effect.
Share
Listen to the news
Dashang Co., Ltd. announced that Daqing Xinmart, a holding subsidiary of the company, plans to sign a “General Construction Contract” with the relevant party Guohe Group. The total amount of the contract including tax is 183 million yuan, and the funding source is self-raised. Due to the uncertainty of underground construction, the upper limit of unforeseen expenses in the later stages is 8 million yuan. The transaction has been reviewed by the board of directors, has not met the criteria for shareholders' review, and does not constitute a major asset restructuring. The purpose is to expand business space, etc., which is in line with the company's development direction and will not have an adverse effect.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending