Tibet Development Co., Ltd. announced progress on its major asset restructuring. The company is acquiring the remaining 50% equity of Lhasa Brewery, aiming for 100% ownership. This aims to enhance asset completeness and operational capacity. The company's stock is under a delisting risk warning due to its restructuring proceedings.
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Tibet Development Co., Ltd.
Announcement on the Progress of Major Asset Restructuring
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
I. Basic Situation of the Transaction
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