Cixing Shares: Acquisition of Wuhan Minsheng Controlling Stake Planned; Shares to be Suspended from Tomorrow - Chip

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Cixing Shares: Acquisition of Wuhan Minsheng Controlling Stake Planned; Shares to be Suspended from Tomorrow

2025-01-14

Cixing Shares intends to acquire a controlling stake in Wuhan Minsheng through the issuance of A shares and cash payments, while also raising funds to support the transaction. Given the uncertainties surrounding related matters, the company has decided to suspend its shares from trading as of January 15, 2025, to safeguard the interests of its investors.

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