Business

Announcement on Terminating the Plan for Change of Control Rights and Trading Resumption

Announcement on Terminating the Plan for Change of Control Rights and Trading Resumption

articleShenzhen Kingdom Sci-tech Co., Ltd. Class AJanuary 22, 20253/news/announcement-on-terminating-the-plan-for-change-of-control-rights-and-trading-resumption
Announcement on Terminating the Plan for Change of Control Rights and Trading Resumption

About this update from Shenzhen Kingdom Sci-tech Co., Ltd. Class A

During the suspension, Shenzhen Kingdom Sci-Tech Co., Ltd. conducted a full discussion on the planning of change of control rights. However, due to many matters involved, it failed to reach a consensus with the counterparty on the core matters. After careful consideration, the Company decided to terminate the planning of this major matter.According to relevant regulations, and following the Company's application to the Shanghai Stock Exchange, its shares will resume trading when the market opens on January 23, 2025. 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 Shenzhen Kingdom Sci-tech Co., Ltd. Class A