SDIC Zhonglu Receives CSRC Registration Approval for Share Issuance to Acquire Assets

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Summary · why it matters

SDIC Zhonglu announced that it has received approval from the China Securities Regulatory Commission, consenting to its registration application to issue shares to acquire 100% of the equity in China Electronics Engineering Design Institute Co., Ltd., and to raise supporting funds of no more than 1.726 billion yuan.

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中国电子工程设计院Private▲ Positive
Capitalrelevance

Being acquired by SDIC Zhonglu with supporting funds is a positive capital event.

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