Xuelang Environment: Company Signs Restructuring Investment Agreement, Stock to Resume Trading on March 23

MetaMuskRat · 2026-03-20T11:50:23+00:00

People Finance News on March 20 reported that Xuelang Environment (300385) announced on March 20 that the company has signed a "Restructuring Investment Agreement" with Shanghai Helium Star Wanlian Technology Development Partnership (Limited Partnership) (referred to as "Helium Star Wanlian") and three other parties as well as the pre-reorganization restructuring facilitator. All parties confirm that the total investment amount of the investors is 779 million yuan, with corresponding transfer of newly increased shares of Xuelang Environment totaling 187 million shares. According to the agreement, after the restructuring is completed, Helium Star Wanlian will become the company's controlling shareholder. The company's stock will resume trading from the opening of the market on March 23, 2026.

MetaMuskRat

2026-03-20 11:50:23

Snow浪 Environment (300385) announced on March 20 that the company, Shanghai Helix Wanlian Technology Development Partnership (Limited Partnership) (“Helix Wanlian”) and three other parties, along with the pre-restructuring guidance person, signed the “Restructuring Investment Agreement.” All parties confirmed that the investor’s total investment amount is 779 million yuan, and they will acquire 187 million shares of Snow浪 Environment through share conversion. According to the agreement, after the restructuring is completed, Helix Wanlian will become the company’s controlling shareholder. The company’s stock will resume trading at the market open on March 23, 2026.

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