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Chongqing Sanxia Paints Plans Merger of Two Subsidiaries
Yushanxia A (000565.SZ): Terminated the public transfer of 100% equity of its wholly-owned subsidiary Chengdu Yushanxia Paint Co., Ltd.
On November 18, Gelonghui reported that Yusanchuan A (000565.SZ) announced the need to promote the absorption and merger of sichuan new materials with Chengdu Yusanchuan. At the same time, the company's management, based on the listing situation and the relevant authorization from the board of directors, decided to withdraw the public transfer of 100% equity of Chengdu Yusanchuan Paint Co., Ltd. on the Chongqing Equity Exchange, and has notified the Chongqing Equity Exchange. Currently, this project has been delisted.
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