Gelonghui March 29 | Gimpo Titanium (000545.SZ) announced that the company held the 25th meeting of the 8th board of directors and the 15th meeting of the 8th board of supervisors on March 28, 2024 to review and pass the “Proposal on Termination of Issuance of Shares to Specific Targets and Withdrawal of Application Documents”, agreeing that the company would terminate the current issuance of shares to specific targets and apply to the Shenzhen Stock Exchange to withdraw the relevant application documents.
Since the announcement of the company's current plan to issue shares to specific targets, the company's board of directors, management and relevant intermediaries have been actively promoting the work of issuing shares to specific targets. Due to changes in the capital market environment, based on the company's own development strategy and business plan, and after full communication with relevant parties, the company decided to stop issuing shares to specific targets and apply to the Shenzhen Stock Exchange to withdraw the relevant application documents.