Shanghai Electric Group (02727): Shanghai Guotou Corporation will exchange its holdings of 77.899 million A-shares of the company into shares of the Shanghai State-owned Enterprise Exchange Traded Open-ended Index Securities Investment Fund.
Shanghai Electric (02727) announced that the company received an investment offer from Shanghai Guotou Corporation on February 7, 2025.
Shanghai Electric Group (02727) announced that on February 7, 2025, the company received a notification letter from Shanghai Guotou Company regarding the implementation results of the plan to exchange for securities investment fund units. As of February 7, 2025, Shanghai Guotou Company has exchanged a total of 77.899 million shares of the company's A shares without restrictions for units of the CSI Shanghai State-owned Enterprises Tradable Open-ended Index Securities Investment Fund, accounting for 0.50% of the company's total share capital. The number of shares participating in the exchange has been reached, and the implementation of the plan to exchange for securities investment fund units has been completed.
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