Shandong Fengxiang Co. Ltd. Announces Proposed Privatization and Delisting Plan

Reuters
06-12
Shandong Fengxiang Co. Ltd. Announces Proposed Privatization and Delisting Plan

Shandong Fengxiang Co., Ltd. has announced a proposed merger by absorption, which includes a pre-conditional privatization and a proposed withdrawal of its listing. The announcement, made by Jingyu Enterprise Development (Shandong) Co., Ltd., outlines that the merger is subject to certain pre-conditions and conditions as set out in a previous Rule 3.5 Announcement. The company has not assured that all these conditions will be met, and thus the merger agreement's effectiveness and completion remain uncertain. The announcement was jointly made by executive director Shi Lei and sole director Lingjie Zhu on behalf of their respective companies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Fengxiang Co. Ltd. published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.

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