*Flower King Eco-Engineering Inc. announced that due to the implementation of capital reserve transfer to increase share capital, the company's stocks will be suspended for one day on December 25, 2024, and will resume trading on December 26, 2024. Based on the total share capital of 0.407 billion shares on the approval date of the restructuring plan, about 11.55 shares will be allocated for every 10 shares, totaling 0.47 billion shares. After the allocation, the total share capital will increase to 0.877 billion shares. Among them, 0.377 billion shares will be purchased for cash by the restructuring investors, with a cash consideration of 0.508 billion yuan; 43.202 million shares will be distributed to shareholders other than the controlling shareholder; the remaining 49.7817 million shares will be used for debt repayment in the form of converting shares into debt.
*ST花王:资本公积金转增股本实施 股票明日停牌
*Flower King Eco-Engineering Inc.: Capital reserve transfer to increase share capital implementation, stocks will be suspended tomorrow.
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