ENN Ecological Holdings to suspend trading amid major restructuring

ENN Ecological Holdings (SSE:600803) announced it will suspend trading of its A-shares, effective March 19, 2025, as it plans a major asset restructuring. The company expects the suspension to last no more than 10 trading days. The potential restructuring may involve the issuance of shares, with the target company operating in the natural gas sector. ENN Ecological Holdings stated the trading halt is to ensure fair information disclosure and protect investor interests, preventing significant impacts on the company's stock price due to uncertainties surrounding the matter. The company will release further announcements regarding the restructuring's progress and will apply for resumption of trading once the key details are finalized.