On January 9, Ningxia Building Materials announced that the company intends to absorb and merge China Construction Information and raise matching funds by issuing shares to all shareholders of China Building Materials Information Technology Co., Ltd. At the same time, Xinjiang Tianshan Cement Co., Ltd. acquired the controlling rights of the company's cement and other related business subsidiaries and the trademark and other assets involved in the cement and other related business held by the company by way of cash capital increase (hereinafter referred to as the "Transaction").
According to the announcement of the first review meeting of the Shanghai Stock Exchange Merger and Acquisition and Restructuring Audit Committee in 2024, the Shanghai Stock Exchange Merger and Acquisition and Restructuring Audit Committee is scheduled to hold the first review meeting of the M & a and Restructuring Audit Committee in 2024 on January 16, 2024. Review the company's application for this transaction.
