FB Pixel no scriptBeingmate control may shift to state
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KrASIA
Mar
19

Beingmate control may shift to state

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Beingmate said its controlling shareholder has signed a restructuring agreement with a Jinhua state-backed investor, which could shift control from founder Xie Hong to Jinhua's state-owned assets regulator if approved. The deal includes RMB 856 million for equity and additional funding to address debt issues.
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