Shandong Fengxiang Co. Ltd. Announces Dispatch of Composite Document for Proposed Merger by Absorption and Listing Withdrawal

Reuters
04 Jul
Shandong <a href="https://laohu8.com/S/09977">Fengxiang Co</a>. Ltd. Announces Dispatch of Composite Document for Proposed Merger by Absorption and Listing Withdrawal

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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