Helenzhe issued shares to acquire giant energy Weiye was approved

Helenzhe (300201) announced on the evening of December 11 that it was approved by the M&A and restructuring committee of the listed company of the China Securities Regulatory Commission. The company issued shares and paid cash to purchase assets and raise matching funds. The company's stock will resume trading on December 12, and will be announced separately after the company receives the relevant approval documents from the CSRC.

According to Hailunzhe’s previous disclosure, the company intends to purchase a total of 100% equity of Jueneng Weiye through a combination of issuing shares and paying cash, with a transaction price of 72 million yuan and raising matching funds. Giant Energy is a comprehensive service provider of LED drive power.

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