Shanghai Dazhong Public Utilities (01635) announced that recently, there have been reports on the company's involvement in the Asia Vets auto concept. This is mainly due to the fact that the company holds 26.87% of the shares of Dazhong Transportation (Group) Co., Ltd. (hereinafter referred to as "Dazhong Transportation"), which is engaged in urban transportation services and other businesses. It should be noted that Dazhong Transportation announced that "smart networked cars have received high market attention recently. The model is currently in the experimental stage, and does not generate income for the company in the short term. The future business development trend is still uncertain, and it will not have a significant impact on the company's operations in the short term."
Danske Commodities mainly operates businesses such as gas, sewerage treatment, etc. The private equity investment in Dazhong Transportation is accounted for by the equity method, and relevant matters will not have a direct impact on the company's performance. We recommend that investors make decisions cautiously and pay attention to investment risks.
Danske Commodities mainly operates businesses such as gas, sewerage treatment, etc. The private equity investment in Dazhong Transportation is accounted for by the equity method, and relevant matters will not have a direct impact on the company's performance. We recommend that investors make decisions cautiously and pay attention to investment risks.