FilingReader Intelligence

China heavy industry restructuring application accepted by Exchange

May 8, 2025 at 05:08 PM UTCBy FilingReader AI

China Shipbuilding Industry Co., Ltd. (SSE:601989) announced that its application for a major asset restructuring has been accepted by the Shanghai Stock Exchange (SSE). The restructuring involves China Shipbuilding Group planning to absorb China Shipbuilding Industry through an A-share stock swap, with China Shipbuilding Group as the absorbing party and China Shipbuilding Industry as the absorbed entity. The SSE confirmed the acceptance based on the completeness and compliance of the submitted documents, in accordance with relevant regulations. The company cautions that the transaction is still subject to regulatory approvals and carries uncertainties. Investors are advised to exercise caution and refer to future 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

News Alerts

Get instant email alerts when China Shipbuilding Industry publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →