Baken Energy Holding Group Co. said its controlling shareholder and actual controller, Chen Pinggui, is planning to transfer shares held by himself and his spouse, a move that could change the company’s controlling shareholder and actual controller. According to Jiemian News, the parties are still negotiating the overall plan and have not signed a formal agreement, and the company said it will not be able to complete the work and resume trading before the morning open on July 29, 2026.
The company said its shares will remain suspended from the market open on July 29, 2026, after an initial suspension that began at the open on July 27, 2026. It said the additional suspension is expected to last no more than three trading days.
Baken Energy Controlling Shareholder Plans Stake Transfer, Trading Halt Extended
2026-07-28 08:52:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
