Colin Electric terminates the private placement of additional shares

LightningPacketLoss · 2026-03-15T20:27:53+00:00

Colin Electric has decided to terminate the issuance of A-shares to specific investors in 2025 and has applied to the Shanghai Stock Exchange to withdraw the relevant documents, due to considerations such as changes in the macroeconomic environment and capital market conditions. The company will pay attention to market developments and make rational use of capital tools.

LightningPacketLoss

2026-03-15 20:27:53

Abstract generation in progress

Beijing Business Daily (Reporter Ma Huanchuan, Li Jiaxue) — On the evening of March 12, Colin Electric (603050) announced that the company has decided to terminate the issuance of A-shares to specific investors for the 2025 fiscal year and has applied to the Shanghai Stock Exchange to withdraw the relevant documents.

Colin Electric stated that after considering various factors such as the current macroeconomic environment, changes in the capital market, and the company’s actual situation, it has decided to terminate this issuance of A-shares to specific investors and withdraw the application. The company will continue to closely monitor capital market developments and, based on its future development needs, will reasonably utilize various capital market tools to support the company’s long-term healthy growth.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes