FilingReader Intelligence
Maiquer Group loses control of Feiduoduo after dilution
July 15, 2025 at 05:02 AM UTC•By 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
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