CXJ GROUP CO., Ltd
Filing Date: 2024-07-12
TL;DR
- 📉 Decreased Revenue: Revenue dropped to $504,517 from $982,097.
- 💼 Higher Costs: General and administrative expenses rose significantly.
- 🌍 Market Changes: Disposed of a subsidiary and faced market fluctuations.
- 🔄 Financial Adjustments: Ongoing restructuring to manage liabilities.
Major Announcements
CXJ Group announced the disposal of its 51% equity in Xishijie Automobile Industry Ecology Technology Co., Ltd. They also appointed a new independent registered public accounting firm.