*ST Liaoxiang Subsidiary Sells 4.24 Million Yuan in Materials to Related Party on May 26

GateNews
According to Jin10, *ST Liaoxiang's subsidiary Kuntai New Materials announced on May 26 a plan to sell construction materials valued at approximately 4.24 million yuan to related party Yuju Facade. The transaction qualifies as a related-party deal, as Yuju Facade holds 41% of Kuntai New Materials. Combined with prior transactions totaling 27.85 million yuan in the past 12 months, the cumulative value reaches 32.09 million yuan, requiring shareholder approval. The agreement has not yet been signed.
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