On November 25th, Yussen Energy Technology Co., Ltd. (002986.SZ) announced that the 32nd meeting of the third board of directors and the fifth extraordinary general meeting of shareholders in 2024 approved the proposal for the merger of its wholly-owned subsidiary. It is planned to implement the overall absorption and merger of its wholly-owned subsidiary, Hainan Yuxin Trading Co., Ltd. After the merger is completed, the independent legal status of Hainan Yuxin Trading Co., Ltd. will be cancelled, and all assets, rights and obligations, business, and personnel of Hainan Yuxin Trading Co., Ltd. will be assumed by the company. Due to changes in the situation, the company is adjusting its global strategy, repositioning and optimizing the functions of the headquarters and its subsidiaries to better adapt to the company's development strategy, and intends to revoke the above-mentioned resolution for the merger of its wholly-owned subsidiary. This decision to revoke the resolution for the merger of its wholly-owned subsidiary fully considers the actual situation of the company, aims to optimize the functions of the headquarters and its subsidiaries, is in line with the long-term interests of the company, and will not have a significant adverse impact on the company's normal operation.
宇新股份(002986.SZ)：撤销吸收合并全资子公司决议
hunan yussen energy technology co., ltd. (002986.SZ): Resolution to revoke the decision to absorb and merge its wholly-owned subsidiary.
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