Company Denies Merger and Control Change Speculation

Stock News
07/16

In response to circulating market rumors, Shenyang Cuihua Gold And Silver Jewelry Co.,Ltd. (ASX: 002731) has issued a clarification and risk warning announcement.

The company stated it had noted the emergence of unverified claims on investor forums such as East Money, including rumors of a potential merger with Chow Tai Fook and suggestions of a 5-billion-yuan gold inventory and a pending change in actual controller. These reports primarily concerned possible mergers, restructurings, or alterations in actual control.

This content has attracted significant attention from investors and the broader market. The company has confirmed that the related false information has since been removed.

Following verification of these inaccurate rumors, the company provided the following clarification: the board of directors has determined that the aforementioned reports constitute false information. The company confirmed it is not currently planning any merger, restructuring, or change in actual control. Furthermore, the company stated it has no such plans for the next three months.

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