Double sinks development of major assets reorganization "Dystocia" is expected July 8 recovery card

After a 2.5-month suspension, the "major asset reorganization" of the two-way development, which has attracted much attention, has not been announced in accordance with previous established time.　　Double sinks development yesterday announced that the company applied to extend the suspension of stock trading time, is expected to be a duplicate on July 8.　　The double sinks Development Bulletin said, because the reorganization plan involves the procedure complex and the reorganization involves the big scope, the reorganization plan related question needs to carry on the continuous communication to the relevant competent authority, cannot be able to duplicate the card on June 8, therefore applies for the extension stock suspension time, is expected July 8 duplicate card. In the first half of last year, shareholders in the Chinachem group have transferred part of their stake to the company, the double sinks group and the major shareholder of the listed company. In this transfer, the double sinks development gave up the preferential right. March 3, the "Xianzhanhouzou" waiver of the bill (equity has been transferred to Rotex) at the provisional shareholder meeting by the public funds vetoed. All along, the development of double sinks and the group has a large amount of related transactions, so that the group's performance growth quickly, the public funds have been seriously dissatisfied. March 8, the Shenzhen Stock Exchange, Henan Provincial Securities and Regulatory Bureau on the above-mentioned veto request double sinks development rectification, March 22, the company suspended. After less than one months, the development of the double sinks announced that it is preparing for major asset reorganization, the double sinks group is likely to choose the overall listing to resolve the conflict.