FilingReader Intelligence
Hangzhou Turbine to absorb wholly-owned subsidiary
July 8, 2025 at 09:20 AM UTC•By FilingReader AI
Hangzhou Turbine Power Group Co., Ltd. [SZSE:200771] has announced its plan to absorb its wholly-owned subsidiary, Zhejiang Steam Turbine Packaged Technology Development Co., Ltd., effective upon shareholder approval. The merger aims to optimize resource allocation, avoid redundant investments, and improve overall operational efficiency within the group.
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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SZSE:200771•Shenzhen Stock Exchange
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