Runfeng Corporation (301035.SZ) announced that in November 2023, the company received an approval from the China Securities Regulatory Commission...
Smart Finance APP news, Runfeng Corporation (301035.SZ) announced that in November 2023, the company received the approval for the registration of issuing stocks to specific entities from the China Securities Regulatory Commission. The registration application for issuing stocks to specific entities was approved, and the approval is valid for 12 months from the date of registration approval (November 9, 2023).
After obtaining the approval document, the company has been actively promoting the issuance of stocks to specific entities. However, due to changes in the capital market environment and various other reasons such as timing, the company was unable to implement the issuance of stocks to specific entities within the validity period of the approval. The approval automatically expired upon expiry.
