000780SZSE

Announcement on the Results of Cash Option Declaration for Dissenting Shareholders in the Absorption Merger of Longyuan Power Group Co., Ltd. by Pingzhuang Energy

ST Pingneng Co., Ltd.··2 pages

✨ AI Summary

This announcement details the results of the cash option declaration for dissenting shareholders of Pingzhuang Energy during its merger with Longyuan Power Group. The cash option had a 1:1 exercise ratio, allowing shareholders to sell one share for each option held. No investors declared to exercise the cash option during the specified period. The company's stock will remain suspended until delisting.

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Full Translation

AI Translation· azure_openai

Announcement on the Results of Cash Option Declaration for Dissenting Shareholders in the Absorption Merger of Longyuan Power Group Co., Ltd. by Pingzhuang Energy

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