Jiangxi Copper announced that the company plans to split its subsidiary Jiangtong Copper Foil and list it on the main board of the Hong Kong Stock Exchange. This spin-off will not lead to major changes in the company's shareholding structure and will not affect its control over Jiangtong Copper Foil. On July 15, the 18th meeting of the 10th board of directors of the company reviewed and passed the relevant bill. There is a possibility that this spin-off will be suspended, suspended, or cancelled due to abnormal stock price fluctuations or abnormal transactions due to suspected insider trading, and multiple approvals or filings are still required. Whether and when it will be approved is uncertain. Investors should be aware of the risks.

Zhitongcaijing · 2d ago
Jiangxi Copper announced that the company plans to split its subsidiary Jiangtong Copper Foil and list it on the main board of the Hong Kong Stock Exchange. This spin-off will not lead to major changes in the company's shareholding structure and will not affect its control over Jiangtong Copper Foil. On July 15, the 18th meeting of the 10th board of directors of the company reviewed and passed the relevant bill. There is a possibility that this spin-off will be suspended, suspended, or cancelled due to abnormal stock price fluctuations or abnormal transactions due to suspected insider trading, and multiple approvals or filings are still required. Whether it will be approved and when it will be approved is uncertain. Investors should be aware of the risks.