Cheng Shin: Announcement by important subsidiary MAXXIS International Co., Ltd. regarding board resolution to repatriate earnings
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AI Summary (NQ-processed)
MAXXIS International Co., Ltd., a subsidiary of Cheng Shin Rubber, has resolved at its board meeting to repatriate RMB 514,516,202.00 in earnings to the parent company. This is part of a financial strategy to consolidate subsidiary profits with the parent company.