According to Tianmai Technology's announcement, the company plans to purchase 497.674.41 million shares of Shanghai Finneng through the issuance of shares and cash payment and raise supporting capital from issuing shares to no more than 35 specific targets. The transaction is expected to constitute a major asset restructuring and related transaction, not a restructuring and listing. As of the announcement disclosure date, the company is cooperating with various intermediaries to carry out due diligence, audit, evaluation and other related work, and the related work is progressing in an orderly manner. The transaction still needs to be reviewed by the company's board of directors, shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and registered by the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether and when it will be approved.

Zhitongcaijing · 1d ago
According to Tianmai Technology's announcement, the company plans to purchase 497.674.41 million shares of Shanghai Finneng through the issuance of shares and cash payment and raise supporting capital from issuing shares to no more than 35 specific targets. The transaction is expected to constitute a major asset restructuring and related transaction, not a restructuring and listing. As of the announcement disclosure date, the company is cooperating with various intermediaries to carry out due diligence, audit, evaluation and other related work, and the related work is progressing in an orderly manner. The transaction still needs to be reviewed by the company's board of directors, shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and registered by the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether and when it will be approved.