Xiamen Xiangyu (600057.SH) announced that the company will disclose the "Announcement on External Investment and Related Transactions" on November 20, 2024.
According to the Zhito Finance APP, Xiamen Xiangyu (600057.SH) announced that the company will disclose the "Announcement on External Investment and Related Transactions" on November 20, 2024. The company's controlling shareholder, Xiamen Xiangyu Group Co., Ltd. (referred to as "Xiangyu Group"), is a preferred investor for the restructuring of Liaoning Zhongwang Group Co., Ltd. (referred to as "Zhongwang Group") series of enterprises and plans to jointly invest in Zhongwang Group's main aluminum business assets and other restructuring assets with other investors, with the company planning to invest 0.69 billion yuan as an industrial investor to participate in the investment.
After the above announcement, the company learned and actively understood the thoughts and suggestions of various stakeholders through various channels and methods. Based on a comprehensive consideration of feedback from all relevant parties, the company has updated its investment and financing planning arrangements according to the latest situation and will hold the 26th meeting of the 9th board of directors on November 29, 2024, to decide to cancel this investment. The company's controlling shareholder, Xiangyu Group, will continue as a restructuring investor to acquire and hold the new Zhongwang Group (a new company established from Zhongwang Group's aluminum main business assets).