FilingReader Intelligence

Maiquer Group loses control of Feiduoduo after dilution

July 15, 2025 at 05:02 AM UTCBy FilingReader AI

Maiquer Group's ownership in Xinjiang Feiduoduo Organic Ranch fell from 99% to approximately 9.9% after Xinjiang Yitaifu Energy injected 1.8 million yuan into the company.

Yitaifu now holds a 90% stake in Feiduoduo. The subsidiary will no longer be consolidated into Maiquer Group's financial statements from July 1, 2025.

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

SZSE:002719Shenzhen Stock Exchange
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