FilingReader Intelligence
China Shipbuilding Industry to be absorbed by CSSC
August 4, 2025 at 05:07 PM UTC•By FilingReader AI
China Shipbuilding Industry Company Limited will be absorbed by China CSSC Holdings Limited in a share-for-share merger. Dissenting shareholders can exercise a cash option at 4.03 yuan per share, below the 4.68 yuan closing price on August 4.
The company will delist from the Shanghai Stock Exchange, with shares converting to CSSC shares if the cash option is not exercised.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
China shipbuilding industry group company limited announcement regarding the continuous suspension of its sharesAugust 4, 2025 at 08:00 AM UTC
CSSC Offshore & Marine Engineering Company Limited's risk warning announcement regarding the potential termination of the company's stock listingAugust 4, 2025 at 08:00 AM UTC
China shipbuilding industry company limited announcement on a director's resignationAugust 4, 2025 at 08:00 AM UTC
SSE:601989•Shanghai Stock Exchange
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