001239SZSE
🚨 Material Event

Notice of Response to Inquiry Letter Regarding Issuance of Shares for Asset Purchase and Related Transactions by Xiangtan Yongda Machinery Manufacturing Co., Ltd.

Yongda Co., Ltd.··2 pages

✨ AI Summary

Xiangtan Yongda Machinery Manufacturing Co., Ltd. plans to acquire 49% equity in Jiangsu Jinyuan High-end Equipment Co., Ltd. from Ge Yanming through share issuance and cash payment. The company has received an inquiry letter from the Shenzhen Stock Exchange regarding this transaction. Approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission is required before proceeding, and the timeline for approval remains uncertain.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company" or "the Listed Company") intends to purchase 49.00% equity in Jiangsu Jinyuan High-end Equipment Co., Ltd. (hereinafter referred to as "the Target Company") from Ge Yanming (hereinafter referred to as "the Counterparty") through the issuance of shares and cash payment, while also raising supporting funds (hereinafter referred to as "this transaction").

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