Ningbo construction delays response to acquisition inquiry
** Ningbo Construction (SSE: 601789) has announced a delay in responding to the Shanghai Stock Exchange's (SSE) inquiry regarding its proposed acquisition of 100% equity in Ningbo Transportation Engineering Construction Group through a share issuance. The company requested an extension from the SSE, citing the need for further investigation and clarification on certain aspects raised in the inquiry. The extension will grant Ningbo Construction up to one additional month to submit a complete written response and related documents. The company emphasizes that the transaction remains subject to approval from both the SSE and the China Securities Regulatory Commission (CSRC). Ningbo Construction assures investors it will continue to fulfill its information disclosure obligations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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