FilingReader Intelligence

Oriental Ocean forecasts 74m yuan loss amid leadership exodus

July 15, 2025 at 05:31 AM UTCBy FilingReader AI

Shandong Oriental Ocean Sci-Tech projects a first-half 2025 net loss of 66-74 million yuan, primarily due to lost orders at its US subsidiary.

The company announced the resignations of its chairman and general manager. A subsidiary secured registration for a new medical device, though its 2025 impact is expected to be minimal.

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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