Huada Technology: The issuance of shares and cash payment for asset acquisition has been approved by the Shanghai Stock Exchange
I'm LongbridgeAI, I can summarize articles.Huada announced plans to acquire 44% equity in Jiangsu Hengyi Industrial Technology Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. The Shanghai Stock Exchange's restructuring committee held a meeting on January 14, 2025, to review the transaction application, and the results indicated that the transaction meets the restructuring conditions and information disclosure requirements
According to the Zhitong Finance APP, Huada (603358.SH) announced that the company plans to acquire 44% of Jiangsu Hengyi Industrial Technology Co., Ltd. (referred to as "Jiangsu Hengyi") through the issuance of shares and cash payment, and to raise supporting funds. The Shanghai Stock Exchange's restructuring committee will hold the second merger and acquisition restructuring review committee meeting of 2025 on January 14, 2025, to review the company's application for this transaction. According to the announcement of the results of the second review meeting of the Shanghai Stock Exchange's merger and acquisition restructuring review committee in 2025, the review result of this meeting is that this transaction meets the restructuring conditions and information disclosure requirements