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Fino Subsidiary FINO NEW ENERGY to Buy 51% of CNGR Zhongxin for USD 26.09 Million
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Fino Subsidiary FINO NEW ENERGY to Buy 51% of CNGR Zhongxin for USD 26.09 Million
  • Fino Inc.'s wholly owned subsidiary FINO NEW ENERGY will acquire 51% of Singapore CNGR Zhongxin New Energy for USD 26.09 million.
  • Completion is scheduled for December 31, 2026, with payment split into two equal installments.
  • The target holds Indonesian mining assets, supporting the subsidiary's strategy to secure nickel resources and expand its overseas new-energy value chain.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fino Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261109900377), on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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