KDL subsidiary plans to transfer 7% stake in Guangxi Ouwen for 52.5 million yuan

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KDL announced that its wholly-owned subsidiary Guangdong Medical Devices Group plans to transfer its 7% stake in Guangxi Ouwen to Ouwen Holding Group, New Era, and New Resonance for 52.5 million yuan. After the transaction, Guangdong Medical Devices Group will hold a 44% stake in Guangxi Ouwen, and Guangxi Ouwen will no longer be included in the company's consolidated financial statements. This transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring.

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Shanghai Kindly Entrp Dvlp Grp
603987
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KDL's subsidiary will transfer a 7% stake in Guangxi Ouwen for 52.5 million yuan, reducing its holding to 44% and deconsolidating the unit.

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广东医械集团Private± Mixed
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广西瓯文Private± Mixed
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瓯文控股集团Private± Mixed
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