Zhengzheng shares (603991.SH) major asset replacement matters have been approved by the China Securities Regulatory Commission for registration.
Zhtng Cijng APP News, Zhzhng Gfn (603991.SH) issued an announcement that the company intends to acquire the equity and control of Advanced Encapsulation Materials International Limited through major asset swap, issuing shares, and paying cash, and to dispose of 100% equity of Shanghai Zhzhng New Materials Co., Ltd. and raise matching funds. On September 5, 2025, the company received the approval from the China Securities Regulatory Commission for Shenzhen Zhzhng Polymer Materials Co., Ltd. to issue shares to purchase assets and raise matching funds, allowing the company to issue shares to purchase relevant assets from multiple companies and to issue shares to raise matching funds not exceeding 1 billion yuan.
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