Great Wall Military Industry (601606.SH): Indirect controlling shareholder Ordnance Equipment Group plans to spin off and reorganize.

date
06/06/2025
Zhitong Finance APP News, China National Defense Industry Group (601606.SH) announced that on February 9, 2025, the company received a notice from its indirectly controlling shareholder, China Ordnance Equipment Group Co., Ltd. (hereinafter referred to as "Ordnance Equipment Group"), that the Ordnance Equipment Group is currently planning a restructuring with other state-owned central enterprises.