Suzhou Electrical Apparatus Sci300215
± MixedCapitalrelevance
Company confirms shutdown is a phased cost-cutting measure, not materially adverse; impact unclear.

EETI confirmed on an interactive platform in response to investor inquiries that the shutdown of its new district is a phased measure based on current operating conditions. The adjustment aims to cope with a complex business environment to achieve overall cost reduction for the listed company, and some of the original operations will be taken over by the company's headquarters in Wuzhong. The company stated that the above adjustment will not have a material adverse impact on overall operations.
Suzhou Electrical Apparatus SciCompany confirms shutdown is a phased cost-cutting measure, not materially adverse; impact unclear.