- Stock Code: 200418
Stock Abbreviation: Little Swan B
Announcement Number: 2019-62
Wuxi Little Swan Co., Ltd. announces the termination of its B shares listing and delisting. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Notice:
Approved by the China Securities Regulatory Commission (CSRC) (Approval No. [2019] 352), Midea Group Co., Ltd. ("Midea Group") will issue A shares to absorb and merge with Wuxi Little Swan Co., Ltd. ("Little Swan" or "the Company") (hereinafter referred to as "this share exchange merger"). Given the complexity of the B to A share conversion process, Little Swan's B shares must be delisted before the A shares can be converted into Midea Group's A shares and initial registration completed. After the delisting of B shares, the corresponding market value will not be reflected in the total market value for a period of time. Once the share exchange merger is completed and Midea Group's A shares are listed, the corresponding market value will be reflected in Midea Group. Investors are advised to be aware of this.