Zhejiang Supor to Absorb, Dissolve Subsidiary
Zhejiang Supor (SHE:002032) will absorb wholly-owned subsidiary Zhejiang Supor Rubber & Plastic Products, according to a Friday filing with the Shenzhen bourse.The restructuring will help boost the listed cookware company's management structure, streamline decision-making, and lower overhead, the filing said.Following the absorption, the subsidiary will be dissolved.