SIWI SCI & TECH extends the listing period for the sale of Putian New Materials

SIWI SCI & TECH (01202.HK) announced earlier that it plans to sell all equity of Putian New Materials through a public listing within 20 working days starting from August 29, with an initial public listing price of approximately RMB 118 million. As the initial public listing period ended yesterday (25th) and the company did not receive any bids before the end, the board of directors decided to extend the public listing period under the same conditions until a successful bidder is determined, with the extension not exceeding 12 months from the date of the public listing announcement