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Xinyuan Technology and Jiangshan Chemical both issued an announcement at noon on September 8, because the company's restructuring will be reviewed by the Securities and Exchange Commission recently, so the company's shares will be suspended from trading this year.
According to the announcement of Xinyuan Technology, the company received a notice from the China Securities Regulatory Commission on September 7 that the China Securities Regulatory Commission listed Company Merger and Acquisition Review Committee will hold a meeting in recent days to review the company's issuance of shares and payment of cash to purchase assets and raise matching funds and related transactions. The company's shares have been suspended since the market opened on September 8, 2017, and will be announced and resumed after the company receives the review results of the merger and Acquisition restructuring Committee.
Jiangshan Chemical also said that the merger and Acquisition Review Committee of listed companies of the China Securities Regulatory Commission will hold a working meeting recently to review the company's issuance of shares and the payment of cash to purchase assets and raise matching funds and related transactions.
