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Wuxi Commercial Mansion Grand Orient (600327.SH): Plans to reduce capital in its affiliated company.
On January 20, Gelonghui reported that Wuxi Commercial Mansion Grand Orient (600327.SH) announced that the company, through its controlled Huai Bei City Tao Aluminum New Materials Private Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Huai Bei Industrial Investment Partnership"), and the company's indirectly controlling shareholder Shanghai Junyao (Group) Co., Ltd. (hereinafter referred to as "Junyao Group"), hold 30% and 35% of Anhui Tao Aluminum New Materials Research Institute Co., Ltd. (hereinafter referred to as "Tao Aluminum Research Institute"), corresponding to a registered capital of 300 million yuan and 350 million yuan, respectively. This trade involves the Huai Bei Industrial Investment Partnership and Junyao Group jointly exiting their holdings in the Tao Aluminum Research Institute.
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