000780SZSE

Notice from Inner Mongolia Pingzhuang Energy Co., Ltd. on Continuous Suspension of Stock Trading Until Delisting and Implementation of Share Exchange Merger

ST Pingneng Co., Ltd.··2 pages

✨ AI Summary

Inner Mongolia Pingzhuang Energy Co., Ltd. announces that its stock will be suspended from trading starting December 17, 2021, following its last trading day on December 16, 2021. The company is undergoing a share exchange merger with Longyuan Power Group Co., Ltd., with cash options available to shareholders. The cash option price is set at 3.50 CNY per share, and shareholders should be aware of potential risks.

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Full Translation

AI Translation· azure_openai

Special Reminder

December 16, 2021, is the last trading day for the company's stock; investors are advised to take note.

Inner Mongolia Pingzhuang Energy Co., Ltd. (hereinafter referred to as "the Company" or "Pingzhuang Energy") published the "Notice on the Share Exchange Merger with Longyuan Power Group Co., Ltd." and the "Notice on the Cash Option Distribution and Implementation for Dissenting Shareholders of the Share Exchange Merger with Longyuan Power Group Co., Ltd." on December 10, 2021. The company's stock will be suspended from trading starting December 17, 2021, and will enter the cash option distribution, exercise declaration, and settlement phase, after which it will no longer be traded until it is converted into shares of Longyuan Power Group Co., Ltd. (hereinafter referred to as "Longyuan Power") and listed on the Shenzhen Stock Exchange.

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