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中国船舶(600150.SH):拟换股吸收合并中国重工 股票停牌

China CSSC (600150.SH): Planning to acquire China Shipbuilding Industry through stock conversion. Stocks are suspended from trading.

Gelonghui Finance ·  Sep 2 07:48

On September 2, China CSSC (600150.SH) announced that, in order to further focus on the country's major strategic responsibilities and the main business of strengthening equipment for national defense, accelerate the high-quality development of the ship assembly business, standardize industry competition, and improve the operational quality of the listed company, the company is planning a stock-for-stock absorption and merger of China Shipbuilding Industry Co., Ltd. (referred to as "China Shipbuilding Industry") by issuing A shares to all shareholders of China Shipbuilding. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies". This transaction will not result in a change of the company's actual controller. As the transaction is still in the planning stage and there are uncertainties, to ensure fair information disclosure, protect the interests of investors, and avoid abnormal fluctuations in the company's stock price, according to the relevant regulations of the Shanghai Stock Exchange, the company's securities will be suspended from trading starting on September 3, 2024 (Tuesday), and the suspension is expected to last for no more than 10 trading days.

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