On December 5th, Jin10 Data reported that Fuhuang Steel Structure announced its plan to purchase the controlling rights of Zhongke Shijie through issuance of shares, and intends to raise matching funds by issuing shares to no more than 35 specific investors. This transaction is expected to constitute a related party transaction and a major asset restructuring, but will not result in a restructuring listing. The company's stock will be suspended from trading starting from December 6, 2024, and the transaction plan is expected to be disclosed within no more than 10 trading days.
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Fuhuang Steel: planning the issuance of shares to purchase the controlling rights of Zhongke Vision, and the stock will be suspended from tomorrow
On December 5th, Jin10 Data reported that Fuhuang Steel Structure announced its plan to purchase the controlling rights of Zhongke Shijie through issuance of shares, and intends to raise matching funds by issuing shares to no more than 35 specific investors. This transaction is expected to constitute a related party transaction and a major asset restructuring, but will not result in a restructuring listing. The company's stock will be suspended from trading starting from December 6, 2024, and the transaction plan is expected to be disclosed within no more than 10 trading days.