XUNZHONG (02597) plans to terminate the public issuance of shares to unspecified qualified investors and apply for listing on the Beijing Stock Exchange.
Xunzhong Communication (02597) announced that Beijing Xunzhong Communication Technology Co., Ltd. (hereinafter referred to as the "Company") held the twenty-sixth meeting of the third board of directors on May 9, 2023, and the second extraordinary general meeting of shareholders in 2023 on May 25, 2023, to deliberate and approve the "Proposal on the Company's Application for Public Offering of Shares and Listing on the Beijing Stock Exchange". Now, based on the actual business operations of the Company and considering future strategic development, after careful study and cautious decision-making, the Company intends to terminate the application for public offering of shares to unspecified qualified investors and listing on the Beijing Stock Exchange.
XUNZHONG (02597) announced that Beijing XUNZHONG Technology Co., Ltd. (hereinafter referred to as the "Company") held its twenty-sixth meeting of the third board of directors on May 9, 2023, and the 2023 second extraordinary shareholders' meeting on May 25, 2023, at which the proposal for the Company to apply for public issuance of shares and listing on the Beijing stock exchange was approved.
Based on the current business operations and future strategic development considerations, the Company has carefully studied and decided to terminate the application for the public issuance of shares to unspecified qualified investors and listing on the Beijing Stock Exchange.
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