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Will Xiamen Xinda be listed on the backdoor?

Yes Xiamen Cinda Club is listed by backdoor, which means that a private company obtains a certain controlling stake in the listed company by injecting assets into the listed company with low market value, and uses its position as a listed company to help its own company go public. Xiamen Xinda Co., Ltd., founded in 1984, is the core enterprise of Xiamen International Trade Holding Group Co., Ltd.