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LongbridgeAI

NMHD: Plans to acquire assets through the issuance of shares and cash payment. The stock will resume trading tomorrow

USHK News
Feb 20, 2025 at 10:56 AM

Jin10 Data reported on February 20th that NMHD announced that the company plans to acquire 75.51% equity of Beifang Duolun New Energy Co., Ltd. and % equity of Beifang Shangdu Zhenglanqi New Energy Co., Ltd. held by Beifang United Power Co., Ltd. through the issuance of shares and cash payment, and to raise matching funds. This transaction constitutes a related party transaction but is expected not to constitute a major asset reorganization and will not lead to a change in the company's actual controller. The company's stock will resume trading on February 21, 2025

Source: USHK News The copyright of this article belongs to the original author/organization.

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