NBTM New Materials Group (600114.SH) is planning a new share issuance for acquisition-related matters and has been suspended from trading since February 25th.

date
24/02/2025
avatar
GMT Eight
NBTM New Materials Group (600114.SH) announced that the company is planning to purchase 35.75% of Shanghai Fuchi High-Tech Co., Ltd. (referred to as "Shanghai Fuchi Company") through the issuance of shares and payment of cash. At the same time, the company plans to issue shares to raise supporting funds. The company's stock will be suspended from trading starting on February 25, 2025 (Tuesday), with an expected suspension period of no more than 10 trading days.

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