ZOD: ZHEJIANGEXPRESS plans to conduct a stock swap to absorb and merge with ZOD, resuming trading on September 3rd
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ZOD announced a stock swap absorption merger with ZHEJIANGEXPRESS, with a swap ratio of 1:1.0800. After the merger, ZHEJIANGEXPRESS will take over ZOD's existing business, expand into the chemical industry, and form deep synergies in areas such as new energy transportation infrastructure construction. This restructuring aims to optimize the company's governance structure, improve resource allocation efficiency, and enhance the core competitiveness of the enterprise. The company's A-share stocks and convertible bonds will resume trading on September 3, 2025
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