Ningbo Huaxiang to spin off its subsidiary for listing in China

Ningbo Huaxiang Electronic Co., Ltd. (Ningbo Huaxiang) announced that the Board of Directors authorized the management layer to initiate preliminary preparations for spinning off Changchun Huaxiang Automobile Metal Parts Co., Ltd. (Changchun Huaxiang) for listing on a stock exchange in China. Founded in December 1991....

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