Securities Code: 000559 Securities Abbreviation: Wanxiang Qianchao Serial Number: 2026-037
Wanxiang Qianchao Co., Ltd.
Announcement on Progress of Major Asset Restructuring
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Special Notice:
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Wanxiang Qianchao Co., Ltd. (hereinafter referred to as the "Listed Company" or the "Company") disclosed the "Proposal on the Company's Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds and Related Party Transactions" (hereinafter referred to as the "Proposal") on May 6, 2024, which detailed the risk factors that may exist in this transaction and the decision-making and approval procedures that are still required. Investors are kindly requested to pay attention to investment risks.
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As of the date of this announcement, the major asset restructuring is in progress, and various tasks such as due diligence, auditing, and valuation are being promoted. The Company will fulfill its information disclosure obligations in a timely manner according to the progress of relevant matters. Investors are kindly requested to pay attention to subsequent progress announcements.