Zhongbai Holdings Group (000759.SZ): Has not yet received the specific implementation plan from Wushang Union.

Gelonghui Finance · Dec 30, 2024 18:51

On December 30, Gelonghui reported that Zhongbai Holdings Group (000759.SZ) announced an abnormal fluctuation in stock trading and a serious abnormal fluctuation risk warning. Recently, the company received inquiries from some investors on the Shenzhen Stock Exchange's interactive platform, such as, "Is the company considering investing in or acquiring Wushang Group? Will the supermarket business under Wushang Group be fully injected into your company? There has been a significant increase in the company's valuation recently, and some investors doubt whether the company intends to change from being a guest to acquiring Wushang Group, is that true?" Additionally, there are discussions about merger and acquisition concepts in the stock forum. To avoid misleading investors with related information, the company clarifies the above matters: The company held its 11th Board of Directors' 8th meeting on October 9, 2024, and the 4th extraordinary Shareholders' meeting on October 25, 2024, during which it passed the proposal on the extension of commitments by the largest shareholder. The commitment after the extension is that Wuhan Commercial Union (Group) Co., Ltd. (referred to as "Wushang Union") will strive to achieve separate operations of the two companies within five years from the date of the Shareholders' meeting's approval of this proposal, using methods such as asset restructuring, business adjustment, and entrusted management, while complying with legal regulations and relevant supervision rules, in order to resolve the issue of competition between the two companies as soon as possible. For detailed content, please refer to the announcement published on October 10, 2024, regarding the extension of commitments by the largest shareholder. Currently, the company has not received a specific implementation plan from Wushang Union.

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中百集团(000759.SZ)：暂未收到武商联具体实施方案

Zhongbai Holdings Group (000759.SZ): Has not yet received the specific implementation plan from Wushang Union.

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