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Baocai and Wei-ching Reach Major Reconciliation, Announce Joint Formation of Ching Fu Engineering's 'Most Optimal Board of Directors'

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Ching Fu Engineering held a press conference where Baocai representative Zheng Sicong and Wei-ching Group representative Shen Qingguang jointly announced that following communication, past disputes have been 'turned over.' They will form the most optimal board of directors to implement corporate governance and work together to restore Ching Fu Engineering's reputation. However, both parties did not comment on seat allocation.

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