Chengdi Xiangjiang: Termination of the A-share issuance to specific parties for the fiscal year 2024.

date
14/08/2026
The announcement from Chengdi Xiangjiang states that the company will hold a board meeting on August 14, 2026, to review and approve the termination of the plan to issue A-shares to specific parties for the year 2024, and to sign relevant release agreements with the subscribers. In light of the rapid changes in the current capital market environment, the core commercial conditions for this issuance transaction have significantly changed, and the development direction of the AIDC industry has shifted. After negotiation, both parties have decided to terminate the issuance and subscription matters. This termination will not have a significant adverse impact on the company's daily production operations or on its ongoing business and projects.
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