Bainan Qiancheng: Planning a major asset restructuring, the stock will resume trading on December 26.
Banacheng announced that the company's A shares were suspended from trading on December 16, 2025, as it was planning to issue shares and pay cash to purchase assets and raise matching funds. The 27th meeting of the fifth board of directors in 2025 approved the relevant transactions, and the company's shares will resume trading on December 26, 2025. Due to the incomplete audits and evaluations, the shareholders' meeting will not be held for now, and will be scheduled after the completion of the relevant work. This transaction requires multiple layers of approvals, so it is uncertain whether it will be approved and the timeline for completion.
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