Suhao Hongye Plans to Sell Up to 4.4 Million Holly Futures A-Shares

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Summary · why it matters

Suhao Hongye announced that, following shareholder approval, it plans to sell up to 4.4 million Holly Futures A-shares through the Shenzhen Stock Exchange via centralized bidding at an opportune time, with an estimated transaction value of approximately 34.76 million yuan. The company stated that this transaction will help optimize its asset structure and focus on its core business. The company also expects the impact of this transaction on its current-period profit or loss to exceed 50% of its most recently audited net profit.

Impact on assets 2

Others± Mixed
Jiangsu Holly Corp
600128
▲ PositiveCapitalrelevance

Suhao Hongye plans to sell up to 4.4 million Holly Futures A-shares, with the gain expected to exceed 50% of its audited net profit, optimizing its asset structure.

Holly Futures Co. Ltd. A
001236
▼ NegativeCapitalrelevance

A major shareholder plans to sell up to 4.4 million Holly Futures A-shares, creating potential share overhang.