-+ 0.00%
-+ 0.00%
-+ 0.00%
Xinzhu Co., Ltd. announced that the company is promoting the sale of assets, issuing shares and paying cash to purchase assets and raising supporting capital and related transactions. It plans to sell assets related to rail transit related assets such as 100% shares of Chuanfa Maglev, and bridge functional components such as 100% shares of Xinju Communications. At the same time, it also buys 60% of Shudao Clean Energy's shares and raises supporting capital from Shudao Group. Since the audit reference date for this transaction was updated from December 31, 2025 to June 30, 2026, the company reviewed and approved the revised draft restructuring report and the summary to revise and supplement various sections such as transaction financial data, performance commitments, fulfilled procedures, and targets.
Share
Listen to the news
Xinzhu Co., Ltd. announced that the company is promoting the sale of assets, issuing shares and paying cash to purchase assets and raising supporting capital and related transactions. It plans to sell assets related to rail transit related assets such as 100% shares of Chuanfa Maglev, and bridge functional components such as 100% shares of Xinju Communications. At the same time, it also buys 60% of Shudao Clean Energy's shares and raises supporting capital from Shudao Group. Since the audit reference date for this transaction was updated from December 31, 2025 to June 30, 2026, the company reviewed and approved the revised draft restructuring report and the summary to revise and supplement various sections such as transaction financial data, performance commitments, fulfilled procedures, and targets.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending