Xuetian Salt announced that the company plans to purchase 100% of Hebei Kuntian Renewable Energy Co., Ltd.'s shares and raise supporting capital by issuing shares and paying cash. The transaction is expected to constitute a major asset restructuring and related transaction, and not a restructuring and listing. Trading of the company's shares has resumed since the opening of the market on September 14, 2026. As of the disclosure date of this announcement, the due diligence, audit and evaluation of this transaction is being carried out in an orderly manner. After the relevant work is completed, the company will once again meet the board of directors to review and disclose the formal plan and other related matters. The transaction still needs to be reviewed again by the company's board of directors, reviewed and approved by the shareholders' meeting, and approval by the competent supervisory authority. There is still uncertainty about whether it can be implemented and when.

Zhitongcaijing · 2d ago
Xuetian Salt announced that the company plans to purchase 100% of Hebei Kuntian Renewable Energy Co., Ltd.'s shares and raise supporting capital by issuing shares and paying cash. The transaction is expected to constitute a major asset restructuring and related transaction, and not a restructuring and listing. Trading of the company's shares has resumed since the opening of the market on September 14, 2026. As of the disclosure date of this announcement, the due diligence, audit and evaluation of this transaction is being carried out in an orderly manner. After the relevant work is completed, the company will once again meet the board of directors to review and disclose the formal plan and other related matters. The transaction still needs to be reviewed again by the company's board of directors, reviewed and approved by the shareholders' meeting, and approval by the competent supervisory authority. There is still uncertainty about whether it can be implemented and when.