Jin10 Data, 10 November - Hailian Xun announced on the evening of 10 November that the company plans to issue A shares to all shareholders of Hangzhou Steam Turbine Power Group Co., Ltd., and merge Hang Steam Turbine through stock exchange. The shares held by Hang Steam Turbine's shareholders will be converted into Hailian Xun's A shares according to the exchange ratio. After the company's application to the Shenzhen Stock Exchange, the company's stock will resume trading from the market opening on 11 November 2024. The exchange ratio between Hang Steam Turbine and Hailian Xun is 1:1.
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Hailian Communications: Plans to absorb and merge Hangqi Power, stock will resume trading from tomorrow.
Jin10 Data, 10 November - Hailian Xun announced on the evening of 10 November that the company plans to issue A shares to all shareholders of Hangzhou Steam Turbine Power Group Co., Ltd., and merge Hang Steam Turbine through stock exchange. The shares held by Hang Steam Turbine's shareholders will be converted into Hailian Xun's A shares according to the exchange ratio. After the company's application to the Shenzhen Stock Exchange, the company's stock will resume trading from the market opening on 11 November 2024. The exchange ratio between Hang Steam Turbine and Hailian Xun is 1:1.