Tianqi Auto: Application for the issuance of shares, payment of cash to purchase assets, and raising of corresponding funds, as well as the approval of related party transactions, has been accepted by the Shenzhen Stock Exchange.
Tianqi Mold announced in the morning of June 30th that the company plans to purchase 60.00% of the shares of Dongshi Automobile Technology Group Co., Ltd. held by Desheng Shiliu Number Enterprise Management Partnership Enterprise through the issuance of shares and payment of cash, and to raise supporting funds from Xinjiang Jianfa Fanyu Industrial Investment Fund Partnership Enterprise. The company recently received a notice from the Shenzhen Stock Exchange regarding the acceptance of the application for the issuance of shares to purchase assets and raise supporting funds by Tianjin Automobile Mold Co., Ltd. The Shenzhen Stock Exchange has checked the application documents for the issuance of shares to purchase assets and raise supporting funds submitted by the company in accordance with relevant regulations such as the Measures for the Administration of Major Asset Restructuring of Listed Companies and the Rules for the Review of Major Asset Restructuring of Listed Companies on the Shenzhen Stock Exchange, and deemed the application documents to be complete, deciding to accept them.
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