FilingReader Intelligence
Henan Yicheng suspends diamond subsidiary sale after failed auctions
July 25, 2025 at 08:12 AM UTC•By FilingReader AI
Henan Yicheng New Energy has suspended the sale of its entire stake in diamond products subsidiary Kaifeng Hengrui New Diamond Products after two failed public auctions on the Henan Zhongyuan Property Rights Exchange.
The company will re-evaluate and adjust its transfer plan, though it emphasized that the ultimate success of the divestment remains uncertain.
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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