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Firstar Panel Tech sells subsidiary to optimize assets

March 4, 2025 at 05:12 PM UTCBy FilingReader AI

Zhejiang Firstar Panel Technology (SZSE:300256) is selling 100% equity of its subsidiary, Stars Precise Technology (Zhuhai), to Shenzhen Shenuo Environmental Technology. This move aligns with Firstar's strategy to optimize its business layout and resource allocation, the company said in a statement. The transaction, approved at the March 1st board meeting, values Stars Precise's equity at RMB 44.78 million.

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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