Business

Announcement on Suspension of Plan for Issuing Shares to Purchase Assets

Announcement on Suspension of Plan for Issuing Shares to Purchase Assets

articleZhejiang Aokang Shoes Co., Ltd. Class ADecember 23, 20244/news/announcement-on-suspension-of-plan-for-issuing-shares-to-purchase-assets-1
Announcement on Suspension of Plan for Issuing Shares to Purchase Assets

About this update from Zhejiang Aokang Shoes Co., Ltd. Class A

Zhejiang Aokang Shoes Co., Ltd. is planning to purchase the equity of United Memory Technology (Jiangsu) Limited by issuing shares or paying cash.Given that this transaction is still under planning and there are uncertainties, according to relevant regulations, and upon the Company's application to the Shanghai Stock Exchange, the Company's shares will be suspended from the market opening on December 24, 2024, and the consecutive suspension period is expected not to exceed 10 trading days.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference: View Attachment

View stock analysis, news, and events for Zhejiang Aokang Shoes Co., Ltd. Class A