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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

articleChongqing Qin'an M&e Plc Class AJune 27, 20255/news/announcement-on-suspension-of-trading-due-to-proposed-issuance-of-shares-cash-payment-for-asset-purchases-fundraising-and-related-party-transactions-1
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 Chongqing Qin'an M&e Plc Class A

Chongqing Qin'an M&E PLC. is planning to purchase 99% of the shares of Anhui Yigao Optoelectronics Technology Co., Ltd. by issuing shares and paying cash. At the same time, the Company plans to issue shares to raise supporting funds.According to the relevant regulations of the Shanghai Stock Exchange and upon the Company's application, the Company's stocks will be suspended from trading starting at the beginning of the market on June 30, 2025. The suspension is expected to last 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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