FilingReader Intelligence

Xinjiang Korla Pear subsidiary to boost liquidity via stake sale

March 31, 2025 at 12:28 PM UTCBy FilingReader AI

** Xinjiang Korla Pear (SSE:600506) announced that its subsidiary, Tongyi Petroleum Chemical Co., Ltd., will undergo a capital increase through a public listing on the Beijing Stock Exchange. This restructuring move involves bringing in investors and is expected to improve Tongyi’s financial health, with Hualong Securities serving as the independent financial advisor.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600506Shanghai Stock Exchange
Agriculture

News Alerts

Get instant email alerts when Xinjiang Korla Pear publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →