May 19, 2021 07:52 PM (GMT+8) · EqualOcean
Jingcheng shares announced that the company's issuance of shares and payment of cash to purchase assets and raise supporting funds has not been approved by the CSRC, and the audit opinion is that "the applicant has not fully disclosed the sustainable profitability of the underlying assets and the rationality of the performance forecast, which does not comply with the provisions of Article 43 of the measures for the administration of major asset restructuring of listed companies." The company's shares will resume trading from May 20.

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