Zhejiang Changsheng Sliding Bearings (300718.SZ) announced that on November 1, 2024, the company held the fourth interim meeting of the fifth session of the board of directors and the third interim meeting of the fifth session of the board of supervisors, reviewing and approving the proposal on terminating the issuance of stocks to specific entities in 2022, agreeing to terminate the issuance of stocks to specific entities in 2022.
After the approval of the stock issuance scheme to specific entities, the company's board of directors, management, and relevant parties have been actively advancing various work related to the issuance. Due to changes in the company's actual situation and the environment of the capital markets, after thorough communication and careful analysis, the company has decided to terminate the issuance of stocks to specific entities in this instance. As of the date of this announcement, the plan to issue stocks to specific entities has become invalid.
