General Technology Group: Actively carry out mergers and acquisitions that are beneficial for enhancing investment value, and orderly promote stock repurchases of related listed companies

On April 9th, General Technology Group stated that the group is confident in the long-term positive outlook of the Chinese economy, firmly optimistic about the Chinese capital market, actively serving the "Manufacturing Power" and "Healthy China" strategies, as well as the "Belt and Road" initiative. The group has established a special task force for the market value management of its listed companies, strongly supporting the high-quality development of its controlling listed companies, actively engaging in mergers and acquisitions that enhance investment value, and orderly promoting stock repurchases of related listed companies. Recently, the major asset restructuring project of SHEN MACHINE passed the review of the Shenzhen Stock Exchange. The next step for the group is to unwaveringly support its controlling listed companies in optimizing industrial layout, enhancing core competitiveness, effectively maintaining the market value of listed companies, and genuinely boosting investor confidence, creating responsible, performance-driven, sustainable, and compliant high-quality listed companies, contributing General Technology's strength to maintaining the stable operation of the capital market