·Conch profile plans to acquire Chery New Energy Vehicle Co., Ltd. to continue trading
Conch profile announced on the evening of May 22nd that due to the planning of major uncertainties, the company applied to the Shenzhen Stock Exchange and the company's shares were suspended from trading on the morning of May 16, 2016 (Monday). "Main Event Suspension Notice".
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After verification, the company is planning a major event involving the issuance of shares to purchase assets, etc., and the matter has been transferred to the major asset restructuring process. In view of the fact that the relevant matters are still in the negotiation stage and there is great uncertainty, in order to protect the interests of investors and avoid significant impact on the company's stock price, the company's stock will continue to be suspended from May 23, 2016.
The assets reorganized by the company this time are the company's proposed issuance of shares and payment of cash to purchase the equity of Chery New Energy Automotive Technology Co., Ltd., and obtained the controlling interest of the company, and at the same time issued shares to raise funds.