Jiangsu General retains management team
On 17 June, Jiangsu General reported that the share transfer between HOdo Group and Jiangsu SOHO Holdings had completed the transfer registration procedure and received its “Transfer Registration Confirmation”. Thus, Jiangsu SOHO Holdings officially became the controlling shareholder of Jiangsu General. Because Jiangsu SOHO Holdings is a state-owned enterprise, the State-owned Assets Supervision and Administration Commission of the Jiangsu Provincial Government became the actual controller of Jiangsu General.
