Aug 05, 2021 07:14 PM (GMT+8) · EqualOcean
Meida announced that it would terminate the planning of issuing shares and paying cash to purchase all the equity of Changle Hengshen synthetic fiber technology Co., Ltd. The company announced on the same day that Liheng investment plans to fully subscribe for 158 million shares to be publicly issued by the listed company in cash (accounting for about 23.08% of the total share capital of the company after the issuance is completed). Meanwhile, Li Jianzhi, the original actual controller of the company, promised to give up the voting rights corresponding to the 34.3 million shares held. After the issuance, the controlling shareholder of the company was changed from Changsheng power to Liheng investment, and the actual controller was changed from Li Jianzhi to Chen Jianlong. The trading of the company's shares will resume on August 6.