Delisting | JINGWEI TEXTILE MACHINERY-A | 30th October 2023
On August 30, 2023, JINGWEI TEXTILE MACHINERY-A announced its plan to terminate its listing at the Shenzhen Stock Exchange. The announcement shows that in order to protect the interests of investors, Hengtian Group has provide cash option rights to all A-share shareholders at an exercise price of 9.24 yuan per share, and the election expired on October 19, 2023. JINGWEI TEXTILE MACHINERY-A held an extraordinary general meeting of shareholders on September 15, 2023 to review and approve the resolution related to voluntary termination of listing.
- JINGWEI TEXTILE MACHINERY-A will be removed from the Index.
- The weight of JINGWEI TEXTILE MACHINERY-A (000666.SZ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 30/10/2023
Solactive China A Shares Mid ex Ofac