COFCO Technology: Plans to transfer 100% equity of Jilin COFCO Biochemical Packaging Company
COFCO Technology has announced its intention to divest its entire 100% stake in Jilin COFCO Biochemical Packaging Company. This strategic move, to be conducted through the Beijing Equity Exchange, aims to streamline the company's core business operations, optimize resource allocation, and generate capital for future development. The sale is expected to reduce the company's overall burden and provide financial support for its growth initiatives. AI