National Wind New Materials: Application for Resumption of Review and Issuance of Shares to Purchase Assets and Raise Supporting Funds as well as Related Transactions.
Guofeng New Materials announced that the company plans to purchase a total of 46,263,800 shares of Taihu Jinzhang Technology Co., Ltd. held by Shi Kewei and 10 other transaction parties through issuing shares and paying cash. The company also plans to issue shares to raise matching funds to not more than 35 specific entities, including Hefei Industrial Investment Holding Co., Ltd. The company has submitted an application to resume review to the Shenzhen Stock Exchange. This transaction is still subject to the approval of the Shenzhen Stock Exchange and can only be implemented after obtaining the approval of the China Securities Regulatory Commission.
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