Hailiang to Acquire 18.69% Stake in Gansu Hailiang for 972 Million Yuan

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Hailiang announced plans to acquire an 18.6916 percent stake in its controlled subsidiary Gansu Hailiang New Energy Materials for 972 million yuan. After the transaction, the company's shareholding will increase from 48.60 percent to 67.29 percent. The acquisition aims to enhance profitability, optimize the shareholding structure, and improve corporate governance.

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甘肃海亮新能源材料有限公司 (Gansu Hailiang New Energy Materials Co., Ltd.)Private± Mixed
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Subsidiary's stake being acquired; no direct impact on its own operations.

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