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Guesi Holdings (08173.HK) completes the withdrawal of value from the life insurance policy

Gelonghui Finance ·  {{timeTz}}


Gelonghui June 27th (08173.HK) announcementThe Board is pleased to announce that after Fuwei has properly received all surrender requirements issued by the Company, the extracted value has become effective on June 22, 2022.


As at the effective date, the total surrender value of the life policy is approximately $1.046 million. The net proceeds from the withdrawal of value will be used as the general working capital of the Group.

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