Wolong Electric Group(600580.SH): Longen Power terminated the application for listing on the North Exchange.
Wolong Electric Drive (600580.SH) announced that the company will hold the Eleventh Session of the Ninth Board of Directors on January 5, 2025...
Wolong Electric Group (600580.SH) announced that on January 5, 2025, the company held the eleventh interim board of directors meeting of the ninth session and the ninth session of the board of supervisors meeting. They reviewed and approved the proposal to terminate the application for listing on the Beijing Stock Exchange by Zhejiang Longneng Electric Power Technology Co., Ltd., and agreed to terminate the listing process on the Beijing Stock Exchange (abbreviated as "Beijing Exchange") by Longneng Electric Power.
The announcement stated that considering the current market conditions and the development plan of Longneng Electric Power, among other factors, the company, after thorough discussions and careful deliberations with all relevant parties, agreed to terminate the listing application in order to better coordinate the capital operation plan of Longneng Electric Power.
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