fspg hi-tech (000973.SZ) announced that the company is planning to purchase assets by issuing shares and paying cash...
According to the Zhitong Finance and Economics APP, fspg hi-tech (000973.SZ) has announced that the company is planning to purchase assets by issuing shares and paying cash, and to issue shares to raise funds from its controlling shareholder, Guangdong Guangxin Holding Group Co., Ltd. (referred to as Guangxin Group). Due to uncertainties in the related matters, in order to protect the interests of investors and avoid significant impact on the company's securities trading, in accordance with relevant regulations of the Shenzhen Stock Exchange, upon the company's application, the company's securities will be suspended from trading starting from the market opening on November 1, 2024.
The target company of this transaction is Hebei Jinli New Energy Technology Co., Ltd. (referred to as Jinli Stock), operating in the research and development, production, and sales of battery cathode materials, battery separators, finished batteries, supercapacitors, and other power battery materials, as well as high-end non-woven fabrics, modified polypropylene research and development, production, sales, and import and export trade.
