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Deutsche Bank (02418) will directly hold shares in Shanghai logistics.
Golden Signal Finance | Deutsche Bank (02418) announced that, in accordance with the deadlines set for state-owned enterprises and the current dissolution and cancellation progress of Shanghai logistics, Shanghai Yuanxing made a written decision on December 2, 2024: to transfer all the equity held by Shanghai Yuanxing in Shanghai logistics to the company directly and free of charge. Once the obstacles to the dissolution and cancellation of Shanghai logistics are resolved, its dissolution and cancellation will be completed through the method of absorption and merger by Shanghai Yuanxing.
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