ST Minkave's controlling shareholder Cheng Zongyu donated 40 million yuan to the company free of charge
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According to the Zhitong Finance APP, *ST Minkave announced that the company's controlling shareholder, Mr. Cheng Zongyu, has donated cash assets of 40 million yuan to the company free of charge. The donated cash has been received on December 30th, and after the donation of 40 million yuan is recorded, it will be included in the company's capital reserve, which will have a positive impact on the company's asset-liability ratio and net assets
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