[Minglida's Subsidiary Plans to Terminate the Project Investment Agreement] On July 25, Minglida issued an announcement stating that its wholly-owned subsidiary, Guangdong Minglida Technology Co., Ltd., has signed an agreement with the Qingxi Town People's Government of Dongguan City to terminate the previously reached investment agreement for the advanced manufacturing and modern service platform project of new energy precision structural components. The company stated that based on the analysis of the market environment and the adjustment of strategic development layout, it has decided to cancel the request for industrial land for the project and suspend the transfer of industrial land.
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