Shirochi Kae (603887.SH): Matters relating to the issuance of A-shares to specific targets are still in progress

Zhitong Finance App News, Chengdi Xiangjiang (603887.SH) issued a stock price change announcement stating that on October 15, 2024, the company disclosed the “2024 Plan to Issue A Shares to Specific Targets” and related announcements, and the matter is still in progress. At the same time, the entry into force and completion of matters relating to the issuance of A-shares to specific targets are still subject to review and approval by the company's shareholders' meeting, obtaining approval from the competent state-owned assets authority and other necessary approvals/permits (if required), and can only be implemented after approval by the Shanghai Stock Exchange and approved by the China Securities Regulatory Commission and a registration decision. There is uncertainty about whether the issuance will be successful.