Beijing News According to the announcement of Bairun shares,5reeltoreel, the company's board of directors meeting reviewed and approved the "Proposal on Terminating the Issuance of Shares to Specific Objects in 2023", agreeing to the company to terminate the issuance of shares to specific objects.
Regarding the reasons for termination, Bairun stated that since the company disclosed the issuance of shares to specific targets in 2023, the company's board of directors, management and relevant intermediaries have been actively promoting various tasks of this issuance. Taking into account the market environment and the company's own project construction progress, and after full communication with all parties and careful analysis, the company decided to terminate this issue of shares to specific objects.
Bairun shares reminded that the termination of this share issuance to specific objects will not have a material adverse impact on normal production and operation activities and sustainable development, and there will be no harm to the interests of the company and all shareholders, especially minority shareholders.
(Article source: Beijing News)
