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Sugon Trading Resumes with Daily Limit Rise as Stock Swap Merger Plan with Hygon Unveiled
1 week ago /
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Author：小编
On June 10, Sugon resumed trading with a daily limit increase, recording an order volume surpassing 16.8 billion yuan. Concurrently, Hygon's shares opened more than 8% higher. Earlier that evening, Hygon made public its plan to merge with Sugon through a stock swap ratio of 0.5525:1 and announced the issuance of shares to specific investors in order to raise funds in support of the merger.
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