Xingwang Yuda (002829.SZ) has regained its qualification to participate in military supplies procurement activities.
Tencent Finance APP News, Xingwang Yuda (002829.SZ) announced that on November 5, 2024, the company issued an announcement titled "Announcement on the Company's Receipt of Violation Decision". After appeals and other procedures, the Military Procurement Network clarified that the company has lifted the prohibition on procurement and restored its qualification to participate in military material procurement activities. With the restoration of qualifications, the company can fully participate in military procurement activities, which will bring positive impact to the company's normal operation and development.
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