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In early trading on September 23, Xinhua Media continued to rise and stop, reaching 3 consecutive boards, reporting 7.06 yuan/share. There were more than 4.8 million bids on the trading board, and over 1 million bids for three consecutive days. According to the news, on the evening of September 18, Xinhua Media revealed a major asset restructuring plan. The company plans to issue shares to 13 counterparties and acquire 100% of the shares of Shanghai Interface Finance Association Technology Co., Ltd. The transaction constitutes a major asset restructuring and related transaction; it does not constitute a restructuring and listing. Trading of the company's shares resumed from the opening of the market on September 21.
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In early trading on September 23, Xinhua Media continued to rise and stop, reaching 3 consecutive boards, reporting 7.06 yuan/share. There were more than 4.8 million bids on the bullish and closing board, and over 1 million bids for three consecutive days. According to the news, on the evening of September 18, Xinhua Media revealed a major asset restructuring plan. The company plans to issue shares to 13 counterparties and acquire 100% of the shares of Shanghai Interface Finance Association Technology Co., Ltd. The transaction constitutes a major asset restructuring and related transaction; it does not constitute a restructuring and listing. Trading of the company's shares resumed from the opening of the market on September 21.
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