Construction Machinery Plans Share Issuance to Acquire 100% of Pucheng Clean Energy and Suspends Trading

M&A · Partnership
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Construction Machinery announced that it has received notice from its controlling shareholder Shaanxi Coal Group, planning to acquire 100% equity of Pucheng Clean Energy Chemical Company Limited through share issuance and cash payment, along with raising supporting funds, constituting a connected transaction and major asset restructuring. Trading in the company's shares will be suspended from August 11, 2026, for an expected period of no more than 10 trading days.

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蒲城清洁能源化工有限责任公司 (Pucheng Clean Energy Chemical Co., Ltd.)Private± Mixed
Capitalrelevance

Target of acquisition; valuation and terms not disclosed, impact unclear.