Nanjing Panda Electronics To Dispose 27% Stake In Nanjing Ericsson Panda Communication

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Nanjing Panda Electronics Co Ltd 600775:

RESOLVED TO DISPOSE 27% EQUITY INTEREST IN NANJING ERICSSON PANDA COMMUNICATION
INITIAL BIDDING PRICE FOR DISPOSAL APPROXIMATELY RMB516.51 MILLION
27% DISPOSAL INTEREST WILL BE LISTED FOR PUBLIC TENDER WITH 22% STAKE IN NANJING ERICSSON PANDA COMMUNICATION

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