000916SZSE

Notice on the Continuous Suspension of Company Stock Until Delisting

North China Expressway Co., Ltd.··2 pages

✨ AI Summary

This announcement informs that the stock of North China Expressway Co., Ltd. will be suspended from trading starting December 5, 2017, until it is converted into shares of China Merchants Highway Network Technology Holdings Co., Ltd. The last trading day is December 4, 2017. Shareholders will have the option to exercise cash rights, with a cash option price set at 4.49 yuan per share. Investors are advised to be aware of potential risks.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

North China Expressway Co., Ltd. (hereinafter referred to as "the Company" or "North China Expressway") published the "Notice on the Share Exchange Absorption of North China Expressway by China Merchants Highway Network Technology Holdings Co., Ltd." and the "Notice on the Implementation of Cash Option Distribution for Dissenting Shareholders" on November 28, 2017. The Company's stock will be suspended from trading starting December 5, 2017, 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 China Merchants Highway Network Technology Holdings Co., Ltd. (hereinafter referred to as "China Merchants Highway") listed and traded on the Shenzhen Stock Exchange. December 4, 2017, will be the last trading day for the Company's stock, and investors are advised to take note.

Sign in to read the full translation

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