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Xuetian Salt announced that the company plans to purchase 100% of the shares of Hebei Kuntian Renewable Energy Co., Ltd. held by 54 counterparties, including Song Zhitao and Liu Gejun, and raise supporting capital by issuing shares and paying cash. Trading of the company's shares was suspended from the opening of the market on August 31, 2026. According to self-inspection, in the 20 trading days before the suspension of trading, the company's stock had a cumulative increase of 12.90%. Excluding market factors, the increase was 9.77%, and excluding factors in the same industry sector, the increase was 11.91%, none of which exceeded 20%.
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Xuetian Salt announced that the company plans to purchase 100% of the shares of Hebei Kuntian Renewable Energy Co., Ltd. held by 54 counterparties, including Song Zhitao and Liu Gejun, and raise supporting capital by issuing shares and paying cash. Trading of the company's shares was suspended from the opening of the market on August 31, 2026. According to self-inspection, in the 20 trading days before the suspension of trading, the company's stock had a cumulative increase of 12.90%. Excluding market factors, the increase was 9.77%, and excluding factors in the same industry sector, the increase was 11.91%, none of which exceeded 20%.
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