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Zhengdan Co., Ltd. announced that the company held a board meeting on October 26, 2026 to review and pass a bill to cancel the wholly-owned subsidiary Suzhou Zhengdan New Materials Research Institute Co., Ltd., and authorized management to handle related cancellation matters. Suzhou Zhengdan was founded in December 2022 with a registered capital of 10 million yuan. The company holds 100% of its shares and has not actually carried out business since its establishment. As of June 30, 2026, its net assets were -0.46 yuan. The cancellation matter is within the decision-making authority of the board of directors, does not require submission to the shareholders' meeting for consideration, does not involve related transactions or major asset restructuring, and will not adversely affect the overall development and financial situation of the company.
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Zhengdan Co., Ltd. announced that the company held a board meeting on October 26, 2026 to review and pass a bill to cancel the wholly-owned subsidiary Suzhou Zhengdan New Materials Research Institute Co., Ltd., and authorized management to handle related cancellation matters. Suzhou Zhengdan was founded in December 2022 with a registered capital of 10 million yuan. The company holds 100% of its shares and has not actually carried out business since its establishment. As of June 30, 2026, its net assets were -0.46 yuan. The cancellation matter is within the decision-making authority of the board of directors, does not require submission to the shareholders' meeting for consideration, does not involve related transactions or major asset restructuring, and will not adversely affect the overall development and financial situation of the company.
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