Shandong Fengxiang Co. Ltd. has announced an update regarding its proposed merger by absorption with Jingyu Enterprise Development (Shandong) Co., Ltd. The company has released a composite document pertaining to the transaction, which involves a proposal for privatization and withdrawal of its H Shares listing. The announcement follows earlier communications about the privatization plan and updates on the delay in dispatching the composite document. The board of Shandong Fengxiang Co. comprises executive, non-executive, and independent non-executive directors, all of whom accept full responsibility for the announcement's content.
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