Beijing Xunzhong Drops Plan for Beijing Stock Exchange Listing
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Beijing Xunzhong Communication Technology Co., Ltd. has terminated its plan for a public offering and listing on the Beijing Stock Exchange. This decision, made in agreement with Industrial Securities and confirmed by the Beijing Bureau of the China Securities Regulatory Commission, is based on the company's current operations and future strategy. The company stated that this move will not materially affect its business or financial condition and will reassess capital market options in the future.
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