Cixing has terminated the planning of the additional issuance and acquisition-related matters, and will resume trading on February 6
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, Cixing announced that the company had previously planned to issue shares and pay cash to acquire the controlling stake in Wuhan Minsheng New Technology Co., Ltd. and raise supporting funds. After discussions and research among the parties involved in the transaction, it was decided to terminate the planning of this transaction. The company's stock will resume trading on February 6, 2025 (Thursday) at the market opening
According to the Zhitong Finance APP, Cixing (300307.SZ) announced that the company had previously planned to issue shares and pay cash to acquire the controlling stake in Wuhan Minsheng New Technology Co., Ltd. and raise supporting funds. After discussions and research among the parties involved in the transaction, it was decided to terminate the planning of this transaction. The company's stock will resume trading on February 6, 2025 (Thursday) at the market opening