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Fushun Special Steel pauses trading as tender offer concludes

September 10, 2025 at 05:11 PM UTCBy FilingReader AI

Fushun Special Steel announced a one-day trading suspension on September 11, 2025, due to the conclusion of a tender offer by Jincheng Shazhou Equity Investment Co., Ltd. The company's A-shares will resume trading on September 12, 2025, following the announcement of the tender offer results.

Jincheng Shazhou's tender offer, which began on August 12, 2025, and ended on September 10, 2025, sought to acquire 98,605,000 shares of Fushun Special Steel, representing 5% of the company's total share capital. The offer price was 5.60 yuan per share.

The suspension is to facilitate the confirmation of the tender offer results, in compliance with the "Shanghai Stock Exchange Listing Rules." Fushun Special Steel assured it will closely monitor developments and fulfill its information disclosure obligations.

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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