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Xiangshan Company: Asset Purchase Plan in Motion, Stock Trading Halt to Persist Until September 7, 2026
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Author：小编
On August 31, Xiangshan Company made an announcement revealing its intention to fully acquire Zhejiang Wuluo Smart City Technology Co., Ltd. This acquisition will be executed through a combination of share issuance and cash payment, along with the raising of supplementary funds. Since September 1, the trading of the company's stock has been suspended, with an expectation to unveil the transaction plan within the next 10 trading days. At present, negotiations, demonstrations, and confirmations pertinent to the transaction plan are actively progressing.
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