Zhen Mingli announced today that Zhen Mingli shares have been suspended from trading.
Not long ago, Taiwan-funded LED lighting equipment factory Zhen Mingli suffered a major loss last year, dragging its share price to continue to fall, making the net value per share lower than NT$5 (equivalent to RMB 1.0368), so it was credited with full delivery shares, 7 On the 11th of the month, the Tsinghua Tongfang Shareholders' Meeting reviewed and approved the “Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Decide and Adjust the Investment and Reality Plan According to the Progress of the Transaction When the Conditions Attached to the Transaction Are Not Achievedâ€. The company suffered a major loss in operations and was credited with full delivery shares. The outside world has speculated that Tsinghua Tongfang intends to acquire Zhen Mingli shares. The current shareholding and amount are still under discussion.
Previously, Tsinghua Tongfang spent 900 million to acquire more than 50% of Zhen Mingli. It is understood that Tsinghua Tongfang intends to acquire Zhen Mingli shares, and the current shareholding and amount are still under discussion. Previously, in the evening announcement on June 27, THTF Energy-Saving Holdings Limited (hereinafter referred to as “THTFESâ€), a wholly-owned subsidiary of Zhen Mingli, intends to obtain a controlling stake in Hong Kong-listed company Zhen Mingli by way of subscription of new shares. The total transaction volume will exceed RMB 700 million.
The capital operation platform of Zhen Mingli's LED business in the future is difficult to predict. Is the suspension of trading in this stock a major move for further mergers and acquisitions?
Not long ago, Taiwan-funded LED lighting equipment factory Zhen Mingli suffered a major loss last year, dragging its share price to continue to fall, making the net value per share lower than NT$5 (equivalent to RMB 1.0368), so it was credited with full delivery shares, 7 On the 11th of the month, the Tsinghua Tongfang Shareholders' Meeting reviewed and approved the “Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Decide and Adjust the Investment and Reality Plan According to the Progress of the Transaction When the Conditions Attached to the Transaction Are Not Achievedâ€. The company suffered a major loss in operations and was credited with full delivery shares. The outside world has speculated that Tsinghua Tongfang intends to acquire Zhen Mingli shares. The current shareholding and amount are still under discussion.
Previously, Tsinghua Tongfang spent 900 million to acquire more than 50% of Zhen Mingli. It is understood that Tsinghua Tongfang intends to acquire Zhen Mingli shares, and the current shareholding and amount are still under discussion. Previously, in the evening announcement on June 27, THTF Energy-Saving Holdings Limited (hereinafter referred to as “THTFESâ€), a wholly-owned subsidiary of Zhen Mingli, intends to obtain a controlling stake in Hong Kong-listed company Zhen Mingli by way of subscription of new shares. The total transaction volume will exceed RMB 700 million.
The capital operation platform of Zhen Mingli's LED business in the future is difficult to predict. Is the suspension of trading in this stock a major move for further mergers and acquisitions?
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