000515SZSE

Announcement on Pledged and Frozen Shares Related to Cash Option Declaration

Panyu Titanium Industry Co., Ltd.··3 pages

✨ AI Summary

This announcement informs shareholders about the cash option declaration related to the merger and acquisition of Pan Steel Group Chongqing Titanium Industry Co., Ltd. by Panzhihua New Steel & Vanadium Co., Ltd. Shareholders must unfreeze or release pledges on their shares to declare cash options. The announcement also outlines the provision of a second cash option for shareholders who do not declare by the deadline.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Stock Code: 000515
Stock Abbreviation: Pan Yu Titanium Industry
Announcement Number: 2009-3

This is an announcement regarding the cash option declaration related to the merger and acquisition plan of Panzhihua New Steel & Vanadium Co., Ltd. (hereinafter referred to as "Pan Steel") purchasing assets and absorbing Pan Steel Group Chongqing Titanium Industry Co., Ltd. and Pan Steel Group Sichuan Changcheng Special Steel Co., Ltd. (hereinafter referred to as "this major asset restructuring"), which was approved by the China Securities Regulatory Commission on December 25, 2008, under the approval document (Zheng Jian Xu Ke [2008] No. 1445).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Sign in to read moreSee Pro pricing