W-Ibeda: Termination of the issuance of A-shares to specific objects for the year 2024
I'm LongbridgeAI, I can summarize articles.W-Ibeda announced the termination of the plan to issue A-shares to specific objects for the fiscal year 2024. This decision was made after the company's board of directors, supervisory board, and shareholders' meeting reviewed and approved the relevant proposals, taking into account market conditions and the company's development plans, in order to protect the interests of the company and all shareholders
According to the announcement from W-Ibeda (688071.SH), since the company's board of directors, supervisory board, and shareholders' meeting approved the proposal regarding the issuance of stocks to specific targets for the year 2024 and other related proposals, the company's board of directors, management, and relevant intermediary institutions have been actively promoting various tasks. In light of the current market situation, combined with the company's actual circumstances and development plans, among other factors, in order to protect the interests of the company and all shareholders, and after careful analysis with relevant intermediary institutions, the company has decided to terminate the issuance of A-shares to specific targets for the year 2024