-+ 0.00%
-+ 0.00%
-+ 0.00%
According to Fenghuo Electronics's announcement, due to the failure of the performance promises of the Patent Technology Asset Group and Housing Asset Group involved in the purchase of assets issued in 2025, the company targeted a total of 8,68,395 compensation shares of Shaanxi Electronics and Changling Electric at a total price of 1 yuan and cancelled them, accounting for 0.1% of the total share capital before the repurchase. The repurchase and cancellation was completed on October 12, 2026. The total share capital of the company was reduced from 864018238 shares to 863149843 shares, which will not lead to a change in the company's control and will not affect the listing status.
Share
Listen to the news
According to Fenghuo Electronics's announcement, due to the failure of the performance promises of the Patent Technology Asset Group and Housing Asset Group involved in the issuance of shares to purchase assets in 2025, the company targeted a total of 8,68,395 compensation shares of Shaanxi Electronics and Changling Electric at a total price of 1 yuan and cancelled them, accounting for 0.1% of the total share capital before the repurchase. The repurchase and cancellation was completed on October 12, 2026. The total share capital of the company was reduced from 864018238 shares to 863149843 shares, which will not lead to a change in the company's control and will not affect the listing status.
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