Gansu Energy Chemical (000552.SZ): Plans to acquire 100% equity of Jinchang Chemical; stock suspended from trading

NightAirdropper · 2026-04-04T19:56:56+00:00

Gansu Energy Chemical plans to acquire 100% equity of Jinchang Energy Chemical held by its controlling shareholder, Gansu Energy Chemical Investment Group, through issuing shares and paying cash, along with supporting financing. Starting from April 2, 2026, the company's stocks and convertible bonds will be temporarily suspended.

NightAirdropper

2026-04-04 19:56:56

Abstract generation in progress

Gelonghui April 1丨Gansu Energy & Chemical (000552.SZ) announced that the company is in the process of planning to acquire 100% of the equity interests in Gansu Energy & Chemical Jinchang Energy & Chemical Development Co., Ltd. (the “Target Company” or “Jinchang Chemical”), held by Gansu Energy & Chemical Investment Group Co., Ltd., through a transaction involving the issuance of shares and the payment of cash, and to raise supporting funds. The company’s stock (stock abbreviation: Gansu Energy & Chemical; stock code: 000552) will begin trading halt at the opening of trading on Thursday, April 2, 2026, and the company’s convertible corporate bonds (bond abbreviation: Nenghua Convertible Bond; bond code: 127027) will begin trading halt and suspension of conversion at the opening of trading on Thursday, April 2, 2026.

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