🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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Hailian Xun: Intends to absorb and merge Hangqi Turbine, stock will resume trading from tomorrow
Jinshi data news on November 10th, Hailian News announced on the evening of November 10th that the company plans to issue A shares to all shareholders of Hangzhou Steam Turbine Power Group Co., Ltd. by exchanging shares to absorb and merge Hangzhou Steam Turbine. The shares held by all shareholders of Hangzhou Steam Turbine at that time will be converted into A shares of Hailian News according to the exchange ratio. After the company's application to the Shenzhen Stock Exchange, the company's stock will resume trading from November 11, 2024. The exchange ratio between Hangzhou Steam Turbine and Hailian News is 1:1.