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Tongguang Cable terminated the acquisition of Tongguang Ocean Optoelectronics, and resumed trading from the market open today, and the first day of resumption of trading was up and down at 13.
56 yuan
.
On the news, Tongguang Cable issued an announcement that it decided to terminate the issuance of shares to purchase 100% of the shares of Jiangsu Tongguang Ocean Optoelectronic Technology Co.
, Ltd.
According to the announcement, Tongguang Cable previously planned to purchase 100% of the equity of Jiangsu Tongguang Ocean Optoelectronic Technology Co.
, Ltd.
by issuing shares to purchase assets, and for this reason, the company's shares have been suspended since
March 24.
However, after repeated negotiations, Tongguang Cable and some counterparties to the issue of shares to purchase assets could not reach an agreement on the plan of issuing shares to purchase assets, so they decided to terminate the issue of shares to purchase assets
.
The announcement also pointed out that Tongguang Cable promised not to plan major asset restructuring matters
within six months from the date of the announcement.
Tongguang Cable terminated the acquisition of Tongguang Ocean Optoelectronics, and resumed trading from the market open today, and the first day of resumption of trading was up and down at 13.
56 yuan
.
On the news, Tongguang Cable issued an announcement that it decided to terminate the issuance of shares to purchase 100% of the shares of Jiangsu Tongguang Ocean Optoelectronic Technology Co.
, Ltd.
According to the announcement, Tongguang Cable previously planned to purchase 100% of the equity of Jiangsu Tongguang Ocean Optoelectronic Technology Co.
, Ltd.
by issuing shares to purchase assets, and for this reason, the company's shares have been suspended since
March 24.
However, after repeated negotiations, Tongguang Cable and some counterparties to the issue of shares to purchase assets could not reach an agreement on the plan of issuing shares to purchase assets, so they decided to terminate the issue of shares to purchase assets
.
The announcement also pointed out that Tongguang Cable promised not to plan major asset restructuring matters
within six months from the date of the announcement.
