
HUARONG HOLDING delays response to regulatory letter, significant uncertainty remains regarding acquisition completion
On August 11, 2025, Hubei Huarong Holding received a "Regulatory Work Letter" from the Shanghai Stock Exchange. The acquirer, Bo Cheng Hui Neng, intends to acquire 25.01% of Huarong Holding's shares, requiring a cash payment of 450.4129 million yuan. Currently, the capital contribution situation of each partner is pending verification, and the "Detailed Report on Equity Changes" and the financial advisor's verification opinion have not been completed, resulting in significant uncertainty regarding the completion of the acquisition. Previously, due to the need to improve certain materials, multiple applications for extension of response have been made. The company will apply for another extension this time, expecting to submit the response announcement no later than September 11, and will actively urge relevant parties to complete the response and disclose information in a timely manner, reminding investors to pay attention to risks

