Kuangda Tech's Actual Controller Plans To Sell 28% Stake

About this update from Kuangda Technology Group Co., Ltd. Class A

Kuangda Technology Group Co Ltd SZSE:002516:SAYS CO ACTUAL CONTROLLER PLANS TO SELL 28% STAKE IN CO FOR 2.2 BILLION YUAN ($311.11 million)($1 = 7.0714 Chinese yuan renminbi)

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