Date
24 October 2017

Shanghai Lansheng, East Best seal merger, paper says

Shanghai Lansheng Group, the parent of Shanghai Lansheng Corp. (600826.CN), has merged with Shanghai East Best Group, the first deal in an ongoing restructuring of state-owned assets in Shanghai, the Shanghai Securities News reported Thursday, citing an announcement released by Lansheng Corp. Lansheng Group mainly engages in imports and exports, while East Best, a trading company, also runs exhibition, logistics and advertising businesses.

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