FilingReader Intelligence
Shanghai DZH progresses with Xiangcai merger plan
July 25, 2025 at 05:11 PM UTC•By FilingReader AI
Shanghai DZH and Xiangcai are progressing with a proposed share-for-share merger where Xiangcai will absorb DZH. The transaction includes a private placement for supporting funds.
The company's board approved the preliminary proposal in March, with progress updates released monthly through June. Audit and due diligence work is ongoing.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:601519•Shanghai Stock Exchange
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