WHKG: Application documents accepted by the Shanghai Stock Exchange

Zhitong
2025.09.30 09:45

WHKG announced that the company intends to purchase 100% equity of Wuhan Municipal Engineering Design and Research Institute Co., Ltd. held by Wuhan Urban Construction Investment and Development Group Co., Ltd. through the issuance of shares and cash payment, and to issue shares to raise supporting funds from no more than 35 specific investors. On September 29, 2025, the company received a notice from the Shanghai Stock Exchange regarding the acceptance of the application for the issuance of shares to purchase assets and raise supporting funds by Wuhan Three Towns Industrial Holdings Co., Ltd. The application documents are complete and comply with legal forms, and it has been decided to accept and conduct a review in accordance with the law. This restructuring is subject to approval by the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented

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