Gelonghui, May 24, 丨 Ziguang Co., Ltd. (000938.SZ) announced that the company held the 38th meeting of the 8th board of directors and the 18th meeting of the 8th board of supervisors on May 24, 2024 to review and pass the “Proposal on Termination of Issuance of A Shares to Specific Targets in 2023".
Since the company disclosed the issuance of A-shares to specific targets in 2023, the company and related intermediaries have been actively promoting various related tasks. According to the company's plan to acquire minority shareholders' shares in Xinhua Group Co., Ltd. and based on the actual situation of the company, after careful research with relevant intermediaries, the company decided to terminate the issuance of A-shares to specific targets in 2023 and apply to the Shenzhen Stock Exchange to withdraw the application documents.