Haitian Water Group (SHA:603759) issued a response to the Shanghai Stock Exchange (SSE) regarding an inquiry on its major asset purchase proposal, according to a Monday filing with the Shanghai Bourse.
The company analyzed and addressed the concerns, supplementing disclosures in the proposal. The response details the target company's financial performance, industry trends, and competition.
Haitian Water reassures investors about the rationale and benefits of the transaction, highlighting its commitment to transparency and compliance.
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