YOEC: Application materials for issuing shares and paying cash to purchase assets have been accepted by the Shanghai Stock Exchange

Zhitong
2025.05.16 10:27

YOEC announced that the company intends to acquire 100% equity of Wuhan Shengyisheng Optoelectronic Technology Co., Ltd. from three trading parties through the issuance of shares and cash payment. On May 16, 2025, the company received a notice from the Shanghai Stock Exchange regarding the acceptance of the application for the issuance of shares to purchase assets by Wuhan Changyingtong Optoelectronic Technology Co., Ltd. The Shanghai Stock Exchange has decided to accept the application and will conduct a review in accordance with the law. This transaction is subject to review by the Shanghai Stock Exchange and must obtain approval from the China Securities Regulatory Commission before it can be implemented. There is uncertainty regarding whether the application will pass the review and the timing of obtaining registration. The company will fulfill its information disclosure obligations in a timely manner, and investors are advised to pay attention to investment risks

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