Keda Manufacturing: Application for Issuing Shares to Purchase Assets Terminated by the Shanghai Stock Exchange

date
10/08/2026
Keda Manufacturing Announcement: The company received a decision from the Shanghai Stock Exchange on August 10, 2026, regarding the termination of the review of Keda Manufacturing Co., Ltd.'s issuance of shares and cash payment for asset acquisition, as well as the fundraising for related transactions. The Shanghai Stock Exchange's M&A reorganization review committee considered that the company's application did not meet the reorganization conditions or information disclosure requirements, and decided to terminate the review. The company's board of directors will make a resolution on whether to modify or terminate this plan within 10 days from the date of receipt of the decision.