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Zhejiang China Commodities City appoints new chairman, injects 350m yuan

July 21, 2025 at 05:09 PM UTCBy FilingReader AI

Zhejiang China Commodities City Group elected Chen Dezhan as chairman of the board and chairman of the strategy and ESG committee. Wu Xiubin was appointed to the audit committee.

The company approved a 350 million yuan capital increase into wholly-owned subsidiary Hangzhou Shangbo Nanxing Real Estate, raising its registered capital from 50 million yuan to 400 million yuan for the Yiwu Market Hangzhou enclave project.

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

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