Sichuan Dowell Science and Technology Inc. (300535.SZ) announced that the company recently received notification from its subsidiary, Anhui Dowell Huatai New Materials Technology...
According to the Zhito Finance APP, Sichuan Dowell Science and Technology Inc. (300535.SZ) announced that the company recently received a decision from its wholly-owned subsidiary, Anhui Dowell Huatai New Materials Technology Co., Ltd. (referred to as "Anhui Huatai") regarding the suspension of operation of its wholly-owned subsidiary, Anhui Wensheng Medical Instruments Co., Ltd. and its subsidiary Anhui Wensheng Medical Instruments (Huaining) Co., Ltd.
Given the significant changes in the market for virus in vitro diagnostic reagents compared to 2022, the operational status and market prospects of Anhui Wensheng Medical Instruments Co., Ltd. (referred to as "Anhui Wensheng") and its subsidiary Anhui Wensheng Medical Instruments (Huaining) Co., Ltd. (referred to as "Huaining Wensheng") are poor. In order to prevent debt accumulation and control operational risks, Anhui Huatai's shareholders' meeting has decided, after careful evaluation, to temporarily halt all operations of Anhui Wensheng and Huaining Wensheng.