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FFHL - Fuwei Films to sell Dornier production line for $21M
Fuwei Films (Holdings) Co. Ltd.
Fuwei Films (FFHL) jumps 17% after-hours on successful open bid initiated for the sale of its Dornier production line.Huizhou Yidu Yuzheng Digital Technology Co. Ltd. won the bidding at a price of RMB138M (~$21.07M).Last month, the company declared its intention to sell Dornier.