Power Investment Energy: Proposed to issue shares and pay cash to purchase the equity of Bai Yinhua Coal Power, and the shares will resume trading
2025-05-18 07:41:05
On May 18, news, Power Investment Energy announced that the company is planning to issue shares and pay cash to purchase assets and raise supporting funds and related party transactions. It plans to purchase the equity of State Power Investment Group Inner Mongolia Baiyinhua Coal and Power Co., Ltd. by issuing shares and paying cash, and will raise supporting funds according to the specific situation. The company's shares have been suspended from the market opening on May 6, 2025, and the suspension time shall not exceed 10 trading days. On May 16, 2025, the company held the fourth interim board meeting in 2025 to consider and pass the relevant motion. After applying to the Shenzhen Stock Exchange, the company's shares will resume trading from the market opening on May 19, 2025.
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