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Kuang-Chi Technologies controlling shareholder completes partial share transfer

August 20, 2025 at 05:21 PM UTCBy FilingReader AI

West Tibet Yingbang, Kuang-Chi Technologies' controlling shareholder, received RMB 1.85 billion from a strategic investor as part of share transfers aimed at reducing debt.

The company terminated its agreement with another strategic investor due to non-fulfillment. West Tibet Yingbang plans additional non-agreement transfers to address remaining debt.

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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