Lianjian Optoelectronics postpones resumption of trading and expects to disclose restructuring plan before October
Lianjian Optoelectronics announced on the evening of September 9 that the company's stocks originally planned to resume trading after disclosing relevant announcements before September 13, 2014. However, due to the heavy workload of this restructuring, the restructuring plan and other related issues still require continuous communication with the counterparty and relevant parties. As of the announcement date, the company's preparations for this major asset restructuring have not yet been completed. The company has applied to the Shenzhen Stock Exchange to extend the trading suspension time. The company's shares will continue to be suspended and are expected to resume trading after making relevant announcements before September 30, 2014.
If the company fails to disclose a major asset restructuring plan or report within the above period, the company will determine whether to apply to the exchange for an extension of trading resumption based on the progress of the restructuring. If the company fails to submit an application for deferred resumption of trading, or the application for deferred resumption of trading is not approved, or decides to terminate major asset reorganization during the suspension period, the company's stocks will resume trading, and it also promises not to plan any major asset reorganization within six months from the date of resumption of trading of the company's stocks.
ANNA