Hilian Receives Acceptance for Major Asset Restructuring Application
1 week ago / Read about 0 minute
Author:小编   

Hilian has announced its intention to issue A-shares to all shareholders of Hangzhou Turbine in order to facilitate an absorption and merger with the latter company. This significant move has garnered acceptance from the Shenzhen Stock Exchange, marking an important step forward. However, it is important to note that the transaction is not yet finalized, as it still requires successful completion of the Shenzhen Stock Exchange's review process and registration approval from the China Securities Regulatory Commission. Consequently, there remains a degree of uncertainty regarding the ultimate outcome.

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