---
title: "Guizhou Gas plans to acquire 100% equity of Guizhou Shale Gas and will resume trading on April 9"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234996170.md"
description: "Guizhou Gas plans to acquire 100% equity of Guizhou Shale Gas through the issuance of shares. The shareholders involved in this transaction include Wujiang Energy Investment, New Momentum Fund, and Industrialization Fund. The transaction will enhance the company's self-supply capability and sustainable operational capacity in the upstream natural gas industry. The company's stock will resume trading on April 9, 2025"
datetime: "2025-04-08T10:30:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234996170.md)
  - [en](https://longbridge.com/en/news/234996170.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234996170.md)
---

# Guizhou Gas plans to acquire 100% equity of Guizhou Shale Gas and will resume trading on April 9

According to the announcement from Guizhou Gas (600903.SH), the company plans to acquire 100% equity of Guizhou Shale Gas Exploration and Development Co., Ltd. (referred to as: Guizhou Shale Gas) held by Wujiang Energy Investment, New Kinetic Energy Fund, and Industrialization Fund through the issuance of shares, and to issue shares to no more than 35 specific investors to raise matching funds. One of the counterparties in this transaction, Wujiang Energy Investment, is the company's controlling shareholder. Therefore, this transaction constitutes a related party transaction.

The target company's main business is the development, production, liquefaction, storage, and sales of shale gas, which belongs to the upstream natural gas industry. Upon completion of this transaction, it will further enhance the listed company's diversification of gas sources and its ability for independent supply, allocation, and assurance, promote the coordinated development of natural gas production, supply, storage, and sales, strengthen the listed company's sustainable operation capability, and thereby enhance the value of the listed company.

According to relevant regulations, after applying to the Shanghai Stock Exchange, the company's stock, convertible bonds, and the conversion of convertible bonds will resume trading on April 9, 2025 (Wednesday) at the market opening

### Related Stocks

- [600903.CN](https://longbridge.com/en/quote/600903.CN.md)

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