China CSSC Holdings receives exchange application acceptance
China CSSC Holdings (SSE:600150) announced that the Shanghai Stock Exchange (SSE) has accepted its application for the issuance of A-shares to acquire China Shipbuilding Industry Corporation (CSIC) through a share swap. According to the announcement, the SSE has reviewed the application documents and found them complete and compliant, therefore granting acceptance for further review. The planned restructuring will see China CSSC Holdings absorb CSIC, with CSIC becoming the absorbed entity. The transaction is still subject to further SSE approval and registration with the China Securities Regulatory Commission (CSRC). The company cautions investors that the deal's completion remains uncertain and advises them to follow official announcements for further information.
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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