CSSC Offshore & Marine Engineering (Group) Company Limited Class H (HK:0317) has released an update.
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CSSC Offshore & Marine Engineering has completed the reduction of its H shares by 23.15 million through its subsidiary, CSSC International. Despite this reduction, CSSC remains the controlling shareholder with 56.89% of the company’s total issued shares. This strategic move does not significantly affect the company’s operations or financial health.
For further insights into HK:0317 stock, check out TipRanks’ Stock Analysis page.
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