Nanjing Chemical Fibre (600889.SH): Major asset restructuring approved by the Shanghai Stock Exchange.

00:48 08/01/2026

Nanjing Chemical Fiber (600889.SH) announced that the company plans to purchase 100% of the shares of Nanjing Process Equipment Manufacturing Co., Ltd. through asset exchange, issuance of shares, and cash payment, and to issue shares to specific investors to raise matching funds. The M&A Review Committee of the Shanghai Stock Exchange (referred to as "SSE M&A Review Committee") held its first meeting for the year 2026 on January 7, 2026 to review the company's application for this transaction. According to the announcement of the results of the first review meeting of the Shanghai Stock Exchange M&A Review Committee in 2026, the results of the meeting show that this transaction meets the requirements for restructuring and disclosure of information.

Nanjing Chemical Fibre (600889.SH) announced that the company plans to purchase 100% of the shares of Nanjing Process Equipment Manufacturing Co., Ltd. through asset replacement, issuance of shares, and payment of cash, and to issue shares to specific investors to raise funds. The Shanghai Stock Exchange Mergers and Acquisitions Review Committee (hereinafter referred to as the "Shanghai Stock Exchange Review Committee") held a meeting on January 7, 2026 to review the application for this transaction. According to the announcement of the results of the Shanghai Stock Exchange Mergers and Acquisitions Review Committee's first review meeting in 2026, the review result of this meeting is: This transaction complies with the restructuring conditions and disclosure requirements.

US Stock Market Move | Buda Juice (BUDA.US) enters the US stock market and the opening stock price rises.

US Stock Market Move | HUYA, Inc. Sponsored ADR Class A (HUYA.US) surged more than 20%. The mobile game "Goose Duck Kill" under its umbrella went live for public testing and gained over 5 million new registered users in just 24 hours.

US Stock Market Move | The concept of cryptocurrency mining is gaining momentum. Applied Digital (APLD.US) surged 12% after its performance announcement.

US Stock Market Move | Buda Juice (BUDA.US) enters the US stock market and the opening stock price rises.

US Stock Market Move | The concept of cryptocurrency mining is gaining momentum. Applied Digital (APLD.US) surged 12% after its performance announcement.