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Announcement on Suspension of Trading Due to Proposed Issuance of Shares, Cash Payment for Asset Purchases, Fundraising, and Related Party Transactions

Announcement on Suspension of Trading Due to Proposed Issuance of Shares, Cash Payment for Asset Purchases, Fundraising, and Related Party Transactions

articleBohai Automotive Systems Co., Ltd. Class AMay 30, 20255/news/announcement-on-suspension-of-trading-due-to-proposed-issuance-of-shares-cash-payment-for-asset-purchases-fundraising-and-related-party-transactions
Announcement on Suspension of Trading Due to Proposed Issuance of Shares, Cash Payment for Asset Purchases, Fundraising, and Related Party Transactions

About this update from Bohai Automotive Systems Co., Ltd. Class A

As the Company plans a related party transaction to issue shares and pay cash to purchase assets and raise supporting funds, according to the relevant regulations of Shanghai Stock Exchange, after the Company's application, the trading of its stocks will be suspended from the opening of the market on June 3, 2025, and the suspension is expected to last for no more than 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

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