Jiangsu HHCK Advanced Materials (688535.SH): Continues to suspend trading starting on November 19th.
18/11/2024
GMT Eight
Jiangsu HHCK Advanced Materials (688535.SH) announced that the company is planning to purchase 100% equity of Hengshuo Huawei Electronics Co., Ltd. (referred to as "Huawei Electronics") through a combination of issuing shares and paying cash, while also raising funds. In accordance with the relevant regulations of the Shanghai Stock Exchange, the company's stock will be suspended from trading starting on November 12, 2024 (Tuesday), with the expected suspension period not exceeding 5 trading days.
As of the date of this announcement, all parties involved are actively progressing with the various tasks of this transaction. The company expects that it will not resume trading on the morning of November 19, 2024 (Tuesday). Due to significant uncertainties in the aforementioned matters, in order to ensure fair disclosure of information, protect the interests of investors, and avoid abnormal fluctuations in the company's stock price, the company has applied to the Shanghai Stock Exchange to continue the suspension of trading from the morning of November 19, 2024 (Tuesday), with the expected extension of the suspension period not exceeding 5 trading days.