Changyuan Donggu announced that the company plans to purchase 100% of the shares in Xiangyang Kanghao Electromechanical held by Hubei Xinyuan Power through the issuance of shares and raise supporting capital, forming a related and major asset restructuring. Trading of the company's shares was suspended from the opening of the market on March 24, and resumed trading on April 8. As of the date of disclosure of the announcement, due diligence, audit, evaluation, etc. related to the transaction are in progress, and the board of directors will be convened to review the formal plan after completion. The transaction still requires decisions from the company's board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty.

Zhitongcaijing · 2d ago
Changyuan Donggu announced that the company plans to purchase 100% of the shares in Xiangyang Kanghao Electromechanical held by Hubei Xinyuan Power through the issuance of shares and raise supporting capital, forming a related and major asset restructuring. Trading of the company's shares was suspended from the opening of the market on March 24, and resumed trading on April 8. As of the date of disclosure of the announcement, due diligence, audit, evaluation, etc. related to the transaction are in progress, and the board of directors will be convened to review the formal plan after completion. The transaction still requires decisions from the company's board of directors, shareholders' meetings, and regulatory approval, and there is uncertainty.