Ningbo Shanshan's Controlling Shareholder Gets Court Acceptance for Restructuring Petition

MT Newswires Live

2025/02/27

Ningbo Shanshan (SHA:600884) said the Yinzhou District Court accepted a restructuring petition for its controlling shareholder, Shanshang Group.

Shanshang Group and its affiliates hold a total of 27.9% stake in the battery materials manufacturer, according to a Thursday filing with the Shanghai bourse.

Ningbo Shanshan shares closed 2% higher Thursday.

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