Chengdu Siwi Science And Technology Extends Public Tender Period for Sale of Putian New Material Subsidiary After No Initial Bids

Reuters
Sep 26
Chengdu Siwi Science And Technology Extends Public Tender Period for Sale of Putian New Material Subsidiary After No Initial Bids

Chengdu Siwi Science And Technology Co. Ltd. has provided an update regarding its potential disposal of 100% equity interests in its subsidiary, Putian New Material, through a public tender. According to the company, the initial public tender period ended on 25 September 2025 without any bids received. As a result, the board has decided to extend the public tender period under the same conditions, with the extension not exceeding twelve months from the original public tender notice date. The company stated that further announcements will be made if there are any significant developments related to the proposed disposal.

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