000748SZSE

Progress Announcement on Stock Suspension

Great Wall Information Co., Ltd.··2 pages

✨ AI Summary

This announcement details the progress of the stock suspension for Great Wall Information Industry Co., Ltd. following its merger with China Great Wall Computer Shenzhen Co., Ltd. The China Securities Regulatory Commission has approved the merger and related transactions. The company’s stock has been suspended since November 1, 2016, and will remain suspended until the completion of the merger and listing of the new shares. Investors are advised to be aware of the investment risks.

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Full Translation

AI Translation· azure_openai

Progress Announcement on Stock Suspension

Great Wall Information Industry Co., Ltd. and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

The merger of China Great Wall Computer Shenzhen Co., Ltd. with Great Wall Information Industry Co., Ltd. (hereinafter referred to as "the Company") and the significant asset replacement and issuance of shares for asset acquisition along with the fundraising and related transactions (hereinafter referred to as "this significant asset restructuring") have been approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") in its approval document (Zheng Jian Xu Ke [2016] No. 1968) and related necessary approvals.

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