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When will Shanxi Securities open?

Shanxi Securities, which was suspended for three months due to the acquisition of Green Futures, will continue to be suspended for another two months because the acquisition has not been fully determined. Today, Shanxi Securities announced that the company has formulated a framework plan to issue shares to purchase Green futures.

The announcement shows that since Shanxi Securities issued an announcement on the postponement of trading resumption on June 21, the company and relevant parties have actively promoted the transaction of issuing shares to purchase the entire equity of Green Futures. So far, after negotiations between the company and relevant parties, a framework plan has been drawn up. However, given that the matter still needs to be approved by relevant departments and the transaction procedures are complicated, there is still uncertainty in this matter. The company's shares will continue to be suspended from trading on August 21, 2012. In this announcement, Shanxi Securities promised to strive to disclose the asset purchase plan or report that is consistent with the issuance of shares before October 21, and try to resume trading from the opening of the market on October 22.