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Linzhou Heavy Machinery Terminates 2025 Non-Public Issuance of Shares
Beijing Business Daily News (Reporter Ma Huanhuan, Li Jiaxue): On March 12, Linzhou Heavy Machinery (002535) announced that the company held the 29th (interim) meeting of the sixth board of directors, during which it approved the proposal to terminate the non-public issuance of shares for 2025. The company agreed to terminate the non-public share issuance plan for 2025.
Linzhou Heavy Machinery stated that, based on the company’s actual situation, after full communication and careful analysis and demonstration, the company has decided to terminate the plan. Currently, all of the company’s operations are proceeding normally, and terminating this non-public share issuance will not have a significant adverse impact on the company’s normal operations and stable development.