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东方精工(002611.SZ):终止分拆所属子公司百胜动力至创业板上市

Guangdong Dongfang Precision Science & Technology (002611.SZ): Terminates the spin-off of its subsidiary Baisheng Power to list on the gem.

Gelonghui Finance ·  Sep 6 16:38

Guangdong Dongfang Precision Science & Technology (002611.SZ) announced on September 6th that the board of directors and the supervisory board have agreed to terminate the listing of its subsidiary, Suzhou Baisheng Power Machinery Co., Ltd. (referred to as 'Baisheng Power'), on the Growth Enterprise Market of the Shenzhen Stock Exchange and to withdraw the related listing application documents. Since the planning of this spin-off listing, the company has actively promoted various related work and strictly complied with the requirements of relevant laws, regulations, and normative documents for decision-making procedures and information disclosure. However, due to significant changes in the current market environment compared to the initial planning of this spin-off listing, and in order to coordinate the development of the company's water power equipment business sector and the capital operation planning of the controlling subsidiary Baisheng Power, the company has decided to terminate the spin-off of Baisheng Power for listing on the Growth Enterprise Market and to withdraw the related listing application documents after thorough communication and careful deliberation with the relevant parties.

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