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Wanda Boto’s parent company controls listed company

Author: Xuda Wang Comments: 0
(Photo: Wanda Boto)

China Wanda Group, the parent company of Shandong tyre manufacturer Wanda Boto, has become the controlling shareholder of Shenghang Group. Li Taoyuan, the former controlling shareholder and actual controller of Shenghang Group has signed a share transfer agreement and a voting entrustment agreement with China Wanda Group.

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