Suspension of trading for four years and finally resumption of trading in Shenzhen and Shenzhen Real Estate A, the daily limit will be closed in the afternoon_Securities Times

But what I didn’t expect was that the reorganization that was originally promoted as planned has not made substantial progress since then, and the company has repeatedly stressed that “the major asset reorganization is still ongoing.”

Regarding the reasons for the termination of the large asset reorganization, SZF A said in the announcement that the company has actively organized stakeholders and intermediaries to advance the work of the transaction during the progress period of the transaction. Based on the current market environment and other reasons, the conditions for continuing to carry out the major asset reorganization at this stage are not yet ripe. In order to effectively protect the interests of the company and all shareholders, the company has decided to terminate the transaction after careful study and friendly negotiation with the parties to the transaction.

Shenshenfang said that after the transaction was concluded, the “cooperation agreement for restructuring and listing” and the supplementary agreement signed by the company were canceled. The current operating conditions of the company are normal and the conclusion of this transaction will not have a significant negative impact on the existing production and operating activities and the strategic development of the company.