Dongliyuan Plans Control Change, Trading Halt from July 6

Corporate Action
โดย 北京商报·Read original
Summary · why it matters

Dongliyuan is planning a change of control, and trading in its shares will be halted from July 6, with the halt expected to last no more than two trading days. The company received notice on July 3 from controlling shareholder and actual controller He Zhenya that he is planning a share transfer, which could lead to a change in control. As of the close on July 3, Dongliyuan shares edged up 0.66 percent to 4.61 yuan per share, giving it a total market value of 2.825 billion yuan.

Impact on stocks 1

Others · 1 stocks
Beijing Dynamic Power Co Ltd
600405
± MixedCapitalrelevance

Control change plan (share transfer) could be positive or negative depending on new owner; trading halt adds uncertainty.